Extract C (lines 11–12) states: 'With global demand cooling and domestic currency pressures, the volume of exports is projected to contract, widening the current account deficit.'
Explain two factors that could cause a fall in the volume of Canadian exports.
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.