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. This question tests the candidate's understanding of international trade 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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