A-LevelEconomicsInternational economic issues9708/12 · Oct/Nov 2024 · Q291 Mark

Turkey imported $220 million worth of goods and services. Turkey exported $12 million worth of goods and services during the same period. Its net income was –$15 million. What is Turkey's current account balance?

A-$223 million

B-$217 million

C+$208 million

D+$247 million

✓ Correct answer

A: -$223 million

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Topic: International economic issues, A-Level Economics (syllabus 9708). Multiple choice, 1 mark.
Source: A-Level Economics, Oct/Nov 2024 Paper 1 Variant 2, question 29.

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