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4.2 Balance of payments

4.2 Balance of payments

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Question 1

Figure 1 shows the current-account balance of three countries as a percentage of GDP.

Figure 1 image

Analyse the main similarities and differences in the current-account trends shown in Figure 1.

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Markscheme

4.2 Balance of payments Questions

  1. GCSE
  2. /Economics
  3. /4.2 Balance of payments

22 exam-style questions on OCR GCSE Economics 4.2 Balance of payments, covering 4.2.1 Balance of payments on current account, 4.2.2 Balanced account, surplus and deficit, 4.2.3 Calculate deficits and surpluses, 4.2.4 Analyse exports and imports data, 4.2.5 Importance of the balance of payments, and 4.2.6 Causes of surpluses and deficits. Each one has a worked solution and a mark scheme showing where the marks go.

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