The UK’s deficit in the balance of trade in goods remains a persistent structural challenge, widening to £52.8bn in the final quarter of 2023, compared to £46.1bn in the same quarter of the previous year.
Discuss the possible contribution of supply-side reforms to achieving a sustained improvement in the UK balance of trade in goods.
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.