Economics 9708 · AS & A Level · 6.3

6.3 — practice question

The table presents current-account balance of payments information for Canada and Singapore in 2019. What conclusion can be drawn from the table?

  • ACanada exported more goods than Singapore.
  • BCanada and Singapore had current account deficits.
  • CSingapore had a surplus on its trade in goods and services.
  • DSingapore imported cheaper goods than Canada.

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