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O-LevelEconomicsInternational trade and globalisation2281/11 · May/June 2011 · Q381 Mark

Which item would appear as a credit item in Pakistan's current account of the balance of payments?

Athe purchase by a Pakistani firm of oil from Nigeria
Bthe sale by a Pakistani firm of cotton jackets to a UK firm
Cthe setting up by the Chinese of a clothing factory in Pakistan
Dthe spending by Pakistani tourists in Abu Dhabi

✓ Correct answer

B: the sale by a Pakistani firm of cotton jackets to a UK firm

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Topic
International trade and globalisation, O-Level Economics (syllabus 2281). Multiple choice, 1 mark.
Source
O-Level Economics, May/June 2011 Paper 1 Variant 1, question 38.

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