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A-LevelEconomicsInternational TradeOct/Nov 2009Paper 1 Q251 Mark

The table gives details of some parts of a country's balance of payments. In which year did the country have its largest visible trade deficit?

AYear A: exports $3914m, imports $3005m, net income and transfers $110m
BYear B: exports $3950m, imports $4073m, net income and transfers $80m
CYear C: exports $4774m, imports $4781m, net income and transfers $-65m
DYear D: exports $5226m, imports $5102m, net income and transfers $-101m

✓ Correct Answer

The correct answer is B. 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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About This A-Level Economics Question

This multiple-choice question appeared in the Cambridge A-Level Economics (9708) Oct/Nov 2009 examination, Paper 1 Variant 2. It tests the topic of International Trade and is worth 1 mark.

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