A-LevelEconomicsMacroeconomic PolicyOct/Nov 2011Paper 1 Q301 Mark
When will a country's balance of payments current account deficit be reduced?
Awhen it raises its rate of income tax
Bwhen it reduces tariffs on its imports
Cwhen it revalues its currency
Dwhen it removes export subsidies
✓ Correct Answer
The correct answer is A. This question tests the candidate's understanding of macroeconomic policy 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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