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Economics · Oct / Nov 2020 · Paper 12 · Question 29

2281Current account of the balance of payments

The table shows a country's exports and imports. | | $m | |---|---| | exports of goods | 200 | | imports of goods | 190 | | exports of services | 35 | | imports of services | 38 | What was the country's balance of trade in goods and services?

  1. Aa deficit of $7 million
  2. Ba deficit of $13 million
  3. Ca surplus of $7 million
  4. Da surplus of $13 million

As printed in the paper

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Correct answer: C. a surplus of $7 million

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