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4 International trade and the global economy

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Question 24

A UK audio-editing studio receives a payment from a Norwegian production company for editing its recordings remotely.

How is this payment recorded on the UK's current account?

[1]
A

An outflow on trade in services

B

An inflow on trade in services

C

An inflow on trade in goods

D

An outflow on trade in goods

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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