O-LevelEconomicsInternational trade and globalisation2281/12 · Oct/Nov 2020 · Q291 Mark
The table shows a country's exports and imports. $m exports of goods 200 imports of goods 190 exports of services 35 imports of services 38 What was the country's balance of trade in goods and services?
Adeficit of $7 million
Bdeficit of $13 million
Csurplus of $7 million
Dsurplus of $13 million
✓ Correct answer
C: surplus of $7 million
Practise more questions on this topic
Oracle Prep sorts past-paper questions by topic, so you can drill International trade and globalisation and see which topics are most likely to come up next.
Sign up free →