Net trade

Q6 Give the likeliest reason the Maldives' monthly trade balance worsened across 2023.

Q4 Identify the likeliest cause of Brazil's widening trade surplus in early 2023.

Q6(c) Drawing on Extract A, assess what higher export values would mean for the UK economy.

Q6(f) Evaluate which factors most shape the UK's net trade position.

Q12(c) Analyse how faster price rises in India could worsen its trade in goods.

Q4 Using a chart of France's monthly balance of trade from January to November 2021, identify the most likely reason for the trend. (higher savings ratio / higher relative productivity / a higher exchange rate / better export quality)

Q4(c) Mark up an AD/AS diagram showing how stronger net trade would shift equilibrium real output and prices.

Q12(d) Examine what a stronger euro against the US dollar, as Extract A notes, would probably do to eurozone net trade.

Q13 Evaluate whether exchange rates dominate what happens to a nation's trade balance, given Cambodia's currency strengthening between 2009 and 2019 even as the trade shortfall widened from 1.6% to 8% of GDP.

Q6(b) Drawing on Extract A, explain how a weaker pound sterling would probably affect aggregate demand.

Q6 A 2018 chart tracks the Canadian dollar versus the US dollar: which conclusion about competitiveness and exchange rate movement fits?

Q9 Real incomes in the USA grew 1.8% during the twelve months ending September 2018; explain one likely effect on US net trade.

Q6(d) Using Figure 3, assess what export values since mid-2016 have meant for UK growth; an AD/AS diagram is needed.

Q4 Indonesia's export value fell 44.4% between 2010 and 2016 on lower demand for its clothing. Identify the likely combination of effects on unemployment and inflation, ceteris paribus.

Q6(a) Drawing on Figure 1, set out what net trade means.

Q6(c) Drawing on Extract A, explain what a stronger pound would probably do to aggregate demand.