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O-LevelEconomicsInternational trade and globalisation2281/11 · May/June 2021 · Q301 Mark

A country has a deficit on its current account of its balance of payments. What could increase the size of its deficit?

Aincreased exports of its services
Bincreased international competitiveness of its goods
Cincreased numbers of visitors from abroad
Dincreased spending on its military bases abroad

✓ Correct answer

D: increased spending on its military bases abroad

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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, May/June 2021 Paper 1 Variant 1, question 30.

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