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4 International trade and the global economy

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Question 155

The table shows two transactions involving Country M during one month.

TransactionValue
Businesses in Country M buy software support from suppliers abroad£34 million
Households abroad buy olive oil produced in Country M£47 million

Which statement correctly describes the net flow of money into or out of Country M from these transactions?

[1]
A

£13 million flows out of Country M.

B

£81 million flows out of Country M.

C

£81 million flows into Country M.

D

£13 million flows into Country M.

Markscheme

4 International trade and the global economy Questions

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

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