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4.2.3 Calculate deficits and surpluses
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The balance rule

The balance rule

A balance measures what a country earns from selling abroad minus what it pays for buying from abroad. The basic rule is shown below.

4.2.3 Calculate deficits and surpluses Lesson

  1. GCSE
  2. /Economics
  3. /4.2.3 Calculate deficits and surpluses

Step-by-step lessons on OCR GCSE Economics 4.2.3 Calculate deficits and surpluses. Each one builds up to exam-style questions. Build a solid grasp of supply and demand and cost/revenue calculations before tackling the evaluation-heavy policy topics.

Lessons