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O-LevelEconomicsInternational trade and globalisation2281/12 · May/June 2025 · Q301 Mark

What is a consequence of a surplus on the current account of the balance of payments?

Adecrease in GDP
Bdecrease in unemployment
Cdepreciation of the foreign exchange rate
Ddeflation

✓ Correct answer

B: decrease in unemployment

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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 2025 Paper 1 Variant 2, question 30.

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