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4 International trade and the global economy

4 International trade and the global economy

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Question 9

A country's exports are £610 billion, imports are £650 billion, net income from abroad is +£18 billion and net current transfers are -£7 billion. What is the current account balance?

[1]
A

A £29 billion deficit

B

A £51 billion deficit

C

A £29 billion surplus

D

A £47 billion deficit

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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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