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O-LevelEconomicsInternational trade and globalisation2281/12 · May/June 2024 · Q301 Mark

The table shows components of Japan's current account balance in trillion yen (¥) for 2 years. [Table showing year, balance of goods, balance of services, balance of primary income, and balance of secondary income]. Which balance improved between year 1 and year 2?

Abalance of goods
Bbalance of primary income
Cbalance of secondary income
Dbalance of services

✓ Correct answer

C: balance of secondary income

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Topic
International trade and globalisation, O-Level Economics (syllabus 2281). Multiple choice, 1 mark.
Source
O-Level Economics, May/June 2024 Paper 1 Variant 2, question 30.

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