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2.6 The international economy (A-level only)

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Question 6

A current account surplus on a nation's balance of payments means that generally

the total value of exports of goods, services, and income inflows exceeds the total value of imports and income outflows.

the government's tax revenues exceed its total public sector expenditure.

the total volume of goods and services exported exceeds the total volume of goods and services imported.

the nation has a net positive financial surplus on its capital and financial accounts.

2.6 The international economy (A-level only) Questions

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  3. /2.6 The international economy (A-level only)