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Current Account of the Balance of Payments

Exam code: 2281
3 hours · 38 questions
11 mark

The table shows a country’s exports and imports.

 

$m

exports of goods

imports of goods

exports of services

imports of services

200

190

35

38

What was the country’s balance of trade in goods and services?

  • A.

    a deficit of $7 million

  • B.

    a deficit of $13 million

  • C.

    a surplus of $7 million

  • D.

    a surplus of $13 million

Choose your answer
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