Economics (AS & A Level) · May / June 2025 · Paper 11 · Question 29

Primary income and secondary income are components of the current account of the balance of payments. Which option correctly identifies an example of primary income and secondary income?

1. Aprimary income: government transfers; secondary income: income from profits earned abroad
2. Bprimary income: income from profits earned abroad; secondary income: dividends earned on foreign shares
3. Cprimary income: income from profits earned abroad; secondary income: government transfers
4. Dprimary income: workers' remittances; secondary income: income from profits earned abroad

As printed in the paper