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4.3.3.1a - Components of the balance of payments: payments • the current account • the capital and

Syllabus
2018
Objective
4.3.3.1
Level
A2

a - Components of the balance of payments: payments • the current account • the capital and

Components of the balance of payments: payments; the current account; the capital and financial accounts.

Use a - components of the balance of payments: payments • the current account • the capital and to connect the rule to the data and decision in the question.

This matters because a - components of the balance of payments: payments • the current account • the capital and determines what can be inferred or chosen; begin with the stated conditions and keep the conclusion tied to the evidence.

Example: apply a - components of the balance of payments: payments • the current account • the capital and to one small, clearly defined case, show the key step or comparison, and explain the result in words.

Boundary: a - Components of the balance of payments: payments • the current account • the capital and is not a universal recommendation. Check the syllabus scope, assumptions, units and the limits of the evidence before generalising.

ConceptA-Level Edexcel Economics A2