A-LevelEconomicsInternational economic issues9708/12 · Oct/Nov 2009 · Q261 Mark

The table shows indicators of a country's economic performance over a two-year period. [Table] What is consistent with the above information?

AThere has been a fall in the price of exports.

BThere has been an improvement in the terms of trade.

CThere has been an increase in the level of real income per head.

DThere has been an increase in the price of imports.

✓ Correct answer

B: There has been an improvement in the terms of trade.

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Topic: International economic issues, A-Level Economics (syllabus 9708). Multiple choice, 1 mark.
Source: A-Level Economics, Oct/Nov 2009 Paper 1 Variant 2, question 26.

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