Card 1 of 25
Why must you check the vertical axis before interpreting a trade chart?
A
Across the ONS chart's three-year period, the jagged monthly lines were broadly stable rather than clearly rising or falling.
B
Check the period covered and whether the data points represent quarters, years or months.
C
A turning point, where a line stops rising and starts falling.
D
Units determine whether the chart shows values, such as £ billion, or percentage changes.
Card 1 of 25
4.2.4 Analyse exports and imports data Flashcards
25 flashcards on OCR GCSE Economics 4.2.4 Analyse exports and imports data: the key terms, formulae and calculations you need to recall for Component 01 and Component 02.