Economics 9708 · AS & A Level · Balance of payments

Balance of payments — practice question

What conclusion can be drawn from the table showing the annual percentage change in an index of prices for 2008 and 2009 (China, Pakistan, Saudi Arabia, United States)?

  • APrices were lowest in the United States in both 2008 and 2009.
  • BPrices were most stable in Saudi Arabia.
  • CThe fall in inflation between 2008 and 2009 was greater in China than Saudi Arabia.
  • DThe price of all products sold by Chinese firms fell in 2009.

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