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4 International trade and the global economy

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Question 139

A UK business buys oil from abroad. UK universities sell places to students from abroad.

Which statement describes the direction of money flows for these transactions?

[1]
A

Money flows into the UK for the oil and out of the UK for the university places

B

Money flows out of the UK for both transactions

C

Money flows into the UK for both transactions

D

Money flows out of the UK for the oil and into the UK for the university places

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4 International trade and the global economy Questions

  1. GCSE
  2. /Economics
  3. /4 International trade and the global economy

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