A-LevelEconomicsInternational economic issues9708/12 · Oct/Nov 2009 · 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
A: The current account balance has moved into deficit.
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