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International trade

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Question 2

Using Table 1, calculate the change in Indonesia's terms of trade between 2017 and 2018.

Table 1 – Indonesia's export prices, import prices, export volumes, import volumes and current account position, 2016–20

YearIndex of export pricesIndex of import pricesIndex of export volumesIndex of import volumesBalance on the current account of the balance of payments as % of GDP
20169899104102–1.8
2017104101112108–2.1
2018110105115112–3.0
2019108109118114–2.7
2020105112110107–1.5
[2]
Markscheme

International trade Questions

  1. A Level
  2. /Economics
  3. /International trade

14 exam-style questions on OCR A Level Economics International trade. Each one has a worked solution and a mark scheme showing where the marks go.

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