A-LevelEconomicsBalance of PaymentsOct/Nov 2011Paper 1 Q221 Mark
The table shows all of the items on the current account of a country's balance of payments. [Table showing '$ million' for exports of goods, imports of goods, exports of services, imports of services, net transfers] What is the value of the current account balance?
A$13 m deficit
B$10 m deficit
C$5 m deficit
D$3 m surplus
✓ Correct Answer
The correct answer is C. This question tests the candidate's understanding of balance of payments 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...
🔒
Unlock the Examiner's Answer
Sign up for free to reveal the correct answer, the official mark scheme breakdown, and the examiner trap analysis for this question.
Sign Up Free to Unlock →Join thousands of Cambridge students already using Oracle Prep