A-LevelEconomicsInternational economic issues9708/12 · May/June 2011 · Q251 Mark
A Japanese company builds a factory in the UK to supply both the UK market and the market in the rest of Europe. What is likely to be the long-run impact on the UK's balance of trade in goods and on its current balance?
Abalance of trade in goods: improve, current balance: improve
Bbalance of trade in goods: improve, current balance: uncertain
Cbalance of trade in goods: worsen, current balance: improve
Dbalance of trade in goods: worsen, current balance: uncertain
✓ Correct answer
B: balance of trade in goods: improve, current balance: uncertain
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