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2.6 The international economy (A-level only)

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Question 7

Weaknesses in the United States' trade balance in goods have persisted, with the merchandise trade deficit rising to 262.4billioninthethirdquarterof2023,comparedto 262.4 billion in the third quarter of 2023, compared to \,262.4billioninthethirdquarterof2023,comparedto241.8 billion in the same quarter of 2022.

Explain three reasons why a highly developed, service-oriented economy, such as the US, might experience a persistent deficit in its balance of trade in goods.

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Markscheme

2.6 The international economy (A-level only) Questions

  1. A Level
  2. /Economics
  3. /2.6 The international economy (A-level only)

310 exam-style questions on AQA A Level Economics 2.6 The international economy (A-level only), covering 2.6.1 Globalisation, 2.6.2 Trade, 2.6.3 The balance of payments, 2.6.4 Exchange rate systems, and 2.6.5 Economic growth and development. Each one has a worked solution and a mark scheme showing where the marks go.

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