A-LevelEconomicsBalance of PaymentsMay/June 2021Paper 1 Q231 Mark
The figures shown are from New Zealand’s balance of payments for 2017 according to data published by Stats NZ in September 2018. What was the value of the balancing item (net errors and omissions) in NZ$m?
A-3900
B-2000
C-1900
D5700
✓ Correct Answer
The correct answer is C. This question tests the candidate's understanding of balance of payments within the Economicssyllabus. 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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