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O-LevelEconomicsInternational trade and globalisation2281/11 · May/June 2011 · Q391 Mark

The diagrams show the composition of exports and imports of a country. [Figure] What is true for this country?

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.

AThere was a deficit in the balance of trade in goods.
BThere was a deficit in the balance of trade in services.
CThere was a surplus in the balance of trade in goods.
DThere was a surplus in the balance of trade in services.

✓ Correct answer

D: There was a surplus in the balance of trade in services.

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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 2011 Paper 1 Variant 1, question 39.

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