A-LevelEconomicsInternational economic issues9708/12 · Feb/Mar 2020 · Q221 Mark

The diagram shows Greece’s trade position with the EU between 2005 and 2014. How does the Greek trade balance with the EU differ in 2014 compared to 2005? [Figure 22.1]

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Aan increased deficit

Ban increased surplus

Creduced deficit

Dreduced surplus

✓ Correct answer

C: reduced deficit

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Topic: International economic issues, A-Level Economics (syllabus 9708). Multiple choice, 1 mark.
Source: A-Level Economics, Feb/Mar 2020 Paper 1 Variant 2, question 22.

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