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O-LevelEconomicsInternational trade and globalisation2281/12 · Oct/Nov 2021 · Q281 Mark

The diagram shows China's trade with Brazil for two years. [Figure 28.1] What happened to China's trade balance with Brazil between year 1 and year 2?

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 2021 Paper 1 Variant 2, question 28.

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