A-LevelEconomicsInternational TradeFeb/Mar 2022Paper 1 Q251 Mark
The prices of a country's exports rise by 5% while the prices of its imports fall by 5%. What will definitely improve in the country as a result of these changes?
Abalance of trade
Bcurrent account balance
Cexchange rate
Dterms of trade
✓ Correct Answer
The correct answer is D. This question tests the candidate's understanding of international trade 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