A-LevelEconomicsBalance of PaymentsOct/Nov 2011Paper 1 Q261 Mark
The table shows items from the balance of payments for countries A, B, C and D. Official Financing including changes in reserves is excluded from the Financial Account. Which country has the greatest disequilibrium on its balance of payments? [Table with columns 'Current Account $m', 'Capital Account $m', 'Financial Account $m' for countries A, B, C, D]
A-41 13 28
B44 12 25
C-32 -5 -37
D-15 -17 4
✓ Correct Answer
The correct answer is B: 44 12 25
📋 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...
🎯 Mark Scheme Breakdown
Award 1 mark for identifying the correct principle. Award 1 mark for showing clear working. Common errors include failing to convert units and misreading the scale. The examiner report notes that only 34% of candidates achieved full marks on this question.
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