A-LevelEconomicsInternational TradeMay/June 2011Paper 1 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
The correct answer is B. 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...
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