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A-LevelEconomicsBalance of PaymentsFeb/Mar 2024Paper 1 Q271 Mark

The table shows an extract from a country's balance of payments. [Figure 27.1] What is the current account balance?

A-$10bn
B-$15bn
C-$30bn
D-$50bn

✓ Correct Answer

The correct answer is B. This question tests the candidate's understanding of balance of payments 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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About This A-Level Economics Question

This multiple-choice question appeared in the Cambridge A-Level Economics (9708) Feb/Mar 2024 examination, Paper 1 Variant 2. It tests the topic of Balance of Payments and is worth 1 mark.

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