A-LevelEconomicsInternational TradeFeb/Mar 2018Paper 1 Q251 Mark
The table shows the terms of trade for Saudi Arabia. date terms of trade 2000 100 2010 105 2015 137 What can be concluded from the table for Saudi Arabia?
AExport prices rose relative to import prices.
BThe balance of trade surplus increased.
CThe volume of exports exceeded the volume of imports.
DThe volume of exports rose faster than the volume of imports.
✓ Correct Answer
The correct answer is A: Export prices rose relative to import prices.
📋 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...
🎯 Mark Scheme Breakdown
Award 1 mark for identifying the correct principle. Award 1 mark for showing clear working. Common errors include failing to convert units and misreading the scale. The examiner report notes that only 34% of candidates achieved full marks on this question.
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