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O-LevelEconomicsInternational trade and globalisation2281/12 · Oct/Nov 2015 · Q271 Mark

The diagram shows China's trade with Brazil for 1999 and 2003 in billions of dollars. With reference to the diagram, what happened to China's trade balance with Brazil between 1999 and 2003?

This question uses a diagram from the original paper, which isn't shown here. Open the full paper from the past papers archive to see it.

AIt experienced a falling surplus.
BIt experienced a rising deficit.
CIt moved from deficit to surplus.
DIt moved from surplus to deficit.

✓ Correct answer

D: It moved from surplus to deficit.

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About this question

Topic
International trade and globalisation, O-Level Economics (syllabus 2281). Multiple choice, 1 mark.
Source
O-Level Economics, Oct/Nov 2015 Paper 1 Variant 2, question 27.

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