A-LevelEconomicsInternational Trade and GlobalisationMay/June 2018Paper 1 Q221 Mark
The table shows all of the items on the current account of a country's balance of payments. $ million exports of goods 143 imports of goods 156 exports of services 75 imports of services 72 net transfers +5 What is the value of the current account balance?
A$5 m deficit
B$10 m deficit
C$13 m deficit
D$3 m surplus
✓ Correct Answer
The correct answer is A. This question tests the candidate's understanding of international trade and globalisation 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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