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4 International trade and the global economy

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Question 60

A family living in the UK pays a hotel in Spain for a week's holiday.

How should this transaction be classified for the UK?

[1]
A

An export of a service

B

An import of a good

C

Not trade, as no goods are bought

D

An import of a service

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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