Economics (AS & A Level) · Feb / March 2024 · Paper 32 · Question 27

Germany, one of the world's strongest trading nations, achieved a surplus on current account of the balance of payments in 2021–2022. Which income flow would not have been included in the calculation of Germany's current account?

1. ADeclining sales of German cars for export overseas.
2. BFalling earnings of foreign exchange from visitors to Germany.
3. CIncreasing transfers of aid to less developed countries.
4. DInvestment in a natural gas pipeline link to its main foreign supplier.

As printed in the paper