Economics 9708 · AS & A Level · 6.3

6.3 — practice question

The table provides an extract from one country's balance of payments: trade in goods exports $150bn, imports $200bn; trade in services exports $70bn, imports $50bn; primary (investment) income exports $120bn, imports $100bn; secondary (transfer) income exports $15bn, imports $20bn. What is the current account balance?

  • A–$10bn
  • B–$15bn
  • C–$30bn
  • D–$50bn

Worked solution & mark scheme

This 1-mark question has a full step-by-step worked solution and mark scheme.

  • Full mark scheme, point by point
  • Step-by-step worked solution
  • Write your answer & get it marked instantly by AI