A-LevelEconomicsInternational economic issues9708/12 · Feb/Mar 2017 · Q221 Mark
The table contains some figures from the 2014 balance of payments account of the United States (US). [Table] What cannot be concluded about US trade in 2014 from the table?
AExported services were valued at over US$477 428.
BImported goods were valued at over US$1 632 639.
CThe value of exported services was less than the value of exported goods.
DThere was an overall current account deficit.
✓ Correct answer
D: There was an overall current account deficit.
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