Economics (AS & A Level) · May / June 2024 · Paper 11 · Question 29
9708Current account of the balance of payments
The table shows the current account of a balance of payments for January 2021. | | $m | |---|---| | exports of goods | 15 000 | | imports of goods | 17 000 | | services | | | credit | 2 500 | | debit | 2 000 | | primary income | | | credit | 100 | | debit | 1 000 | | secondary income balance | 60 | What is the current account balance?
- Aa deficit of $2340m
- Ba deficit of $2000m
- Ca surplus of $2340m
- Da surplus of $2000m
As printed in the paper
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Correct answer: A. a deficit of $2340m
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