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2.6 The international economy (A-level only)

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Question 78

Extract D: Trade in Goods and Services for Valeria (£ billions), 2018–2023

YearTrade in Goods (£bn)Trade in Services (£bn)Total Balance of Trade (£bn)
2018-45.0+20.0-25.0
2019-52.0+22.0-30.0
2020-38.0+16.0-22.0
2021-58.0+25.0-33.0
2022-64.0+27.0-37.0
2023-70.0+31.0-39.0

Using Extract D, identify two significant features of the balance of trade in goods and services over the period shown.

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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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