O-LevelEconomicsInternational trade and globalisation2281/12 · May/June 2023 · Q271 Mark
The table shows a country's exports and imports. [Table showing $m figures for '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
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