Economics · Oct / Nov 2022 · Paper 12 · Question 27

The table shows some details from a country's balance of payments. The country has no secondary income (current transfers). | item | $ million | | exports of goods | 280 | | imports of goods | 350 | | exports of services | 110 | | imports of services | 60 | | net primary income | – 40 | What is the country's balance on its current account?

1. Aa deficit of $60 million
2. Ba deficit of $160 million
3. Ca surplus of $20 million
4. Da surplus of $760 million

As printed in the paper