Economics 9708 · AS & A Level · 6.3

6.3 — practice question

The table presents information about several components of a country’s balance of payments. In which year was the country’s trade deficit greatest? (options A-D list export, import and net income/transfer values)

  • Aexports 3914, imports 3005, net income/transfers +110
  • Bexports 3950, imports 4073, net income/transfers +80
  • Cexports 4774, imports 4781, net income/transfers –65
  • Dexports 5226, imports 5102, net income/transfers –101

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