The table shows the value of Corvania's exports and imports of goods over four years.
| Year | Exports of goods (£bn) | Imports of goods (£bn) |
|---|---|---|
| 2022 | 102 | 114 |
| 2023 | 120 | 102 |
| 2024 | 105 | 123 |
| 2025 | 108 | 130 |
In one of these years, Corvania's trade in goods was in deficit by £18 billion. In which year did this happen?
2023
2025
2022
2024
118 exam-style questions on AQA GCSE Economics 2.4 International trade and the global economy, covering 2.4.1a The importance of trade, 2.4.1b Advantages of trade and interdependence, 2.4.1c UK exports and imports, 2.4.2a How exchange rates are determined, 2.4.2b Effects of exchange rate changes, 2.4.3a Free-trade and its arguments, 2.4.3b Free-trade agreements such as the EU, 2.4.4a Features and growth of globalisation, 2.4.4b Benefits and drawbacks of globalisation, and 2.4.4c Moral, ethical and sustainability considerations. Each one has a worked solution and a mark scheme showing where the marks go.