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Economics · Oct / Nov 2021 · Paper 12 · Question 28

2281Current account of the balance of payments

The diagram shows China's trade with Brazil for two years. What happened to China's trade balance with Brazil between year 1 and year 2?

  1. AIt experienced a falling surplus.
  2. BIt experienced a rising deficit.
  3. CIt moved from deficit to surplus.
  4. DIt moved from surplus to deficit.

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Correct answer: D. It moved from surplus to deficit.

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