Edexcel A Level · 9EC0 · Theme 4: A global perspective
4.1.7 Balance of payments
Everything you need for questions on balance of payments, in the words examiners reward. An interactive seven-step lesson goes with it.
What's on this sheet
- The accounts
- Building the current account
- Causes of deficits and surpluses
- Measures to reduce a deficit
- Why global imbalances matter
- Classic question: does a current account deficit matter?
- Side 2: practice tasks, where the marks go, and exam-style questions
- Separate answer key
The lesson in seven steps
- Cut a 5% current account deficit
- Where does it go?
- Better or worse?
- Balance of payments trainer
- Deficits and how to fix them
- Build the chain
- Exam practice
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