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2.6 The international economy (A-level only)

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Question 64

The table below shows the components of the balance of payments on current account for an economy in 2023.

Component£bn
Export of goods480
Export of services290
Import of goods610
Import of services180
Primary income receipts110
Primary income payments140
Net secondary income-25

It follows that the balance of payments on current account for 2023 is:

A

−£15 bn-\text{£}15\text{ bn}−£15 bn

B

−£25 bn-\text{£}25\text{ bn}−£25 bn

C

−£75 bn-\text{£}75\text{ bn}−£75 bn

D

+£65 bn+\text{£}65\text{ bn}+£65 bn

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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