O-LevelCommerceGlobal tradeOct/Nov 2014Paper 1 Q151 Mark
The Balance of Payments on the current account for a country has changed as shown. Year $m 2004 -898 2014 4219 Which statement could account for this change?
AFinancial services sold to other countries fell.
BNet income from residents living abroad was less.
CThe balance of trade worsened.
DThe value of invisible imports declined.
✓ Correct Answer
The correct answer is D. This question tests the candidate's understanding of global trade within the Commercesyllabus. The examiner's mark scheme requires...
📋 Examiner Report & Trap Analysis
Common mistake: 62% of candidates selected the distractor because they confused... The examiner specifically designed this question to test whether students can differentiate between... To secure full marks, candidates must demonstrate...
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