Economics 0455 · IGCSE · Current account of balance of payments

Current account of balance of payments — practice question

The diagram illustrates China’s trade with Brazil in 1999 and 2003, measured in billions of dollars. Using the diagram, what change occurred in China’s trade balance with Brazil from 1999 to 2003?

  • AIt experienced a falling surplus.
  • BIt experienced a rising deficit.
  • CIt moved from deficit to surplus.
  • DIt moved from surplus to deficit.

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