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 over two years. How did China’s trade balance with Brazil change from year 1 to year 2? (Values are given in $\$~\text{billion}$.)

  • 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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