O-LevelCommerceGlobal trade7100/12 · Oct/Nov 2011 · Q161 Mark

The diagram represents a country's international trade. A balance scale with 'more imported goods' on one side and 'less exported goods' on the other. What is the state of this country's international trade?

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Adeficit on Balance of Payments

Bdeficit on Balance of Trade

Csurplus on Balance of Payments

Dsurplus on Balance of Trade

✓ Correct answer

B: deficit on Balance of Trade

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Topic: Global trade, O-Level Commerce (syllabus 7100). Multiple choice, 1 mark.
Source: O-Level Commerce, Oct/Nov 2011 Paper 1 Variant 2, question 16.

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