The table below shows selected balance of payments data for an economy in a given year:
| Balance of payments item | Value (£ billion) |
|---|---|
| Export of goods | 65 |
| Import of goods | 80 |
| Export of services | 45 |
| Import of services | 30 |
| Net primary income | -12 |
| Net secondary income | -8 |
| Net foreign direct investment | +25 |
| Capital transfers | -3 |
What is the country's Current Account balance for this year?
−£23 billion-\text{£}23\text{ billion}−£23 billion
−£20 billion-\text{£}20\text{ billion}−£20 billion
£0 billion\text{£}0\text{ billion}£0 billion
£5 billion\text{£}5\text{ billion}£5 billion
38 exam-style questions on OCR A Level Economics Balance of payments. Each one has a worked solution and a mark scheme showing where the marks go.