A-LevelEconomicsInternational TradeOct/Nov 2009Paper 1 Q211 Mark
The table shows the balances for four items in a country's current account on the balance of payments for two years. [Table] What can be concluded about the changes between year 1 and year 2?
AThe current account balance has moved into deficit.
BThe difference between the value of exported and imported services has increased.
CThe earnings from ownership of foreign assets have increased.
DThe value of exported goods has fallen.
✓ 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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