CourseCourse QuestionQuestion

Cambridge IGCSE Economics (0455)

1. The basic economic problem

2. The allocation of resources

3. Microeconomic decision-makers

4. Government and the macroeconomy

5. Economic development

6. International trade and globalisation

6.1. Specialisation and free trade

6.2. Globalisation and trade restrictions

6.3. Foreign exchange rates

6.4. Current account of the balance of payments

6.4.1—Structure of the current account of the balance of payments

6.4.2—Causes of current account deficit and surplus

6.4.3—Consequences of current account deficit and surplus

6.4.4—Policies to achieve balance of payments stability

IGCSE/CAIE/Economics//Concept/6. International trade and globalisation/6.4. Current account of the balance of payments/6.4.3—Consequences of current account deficit and surplus

6. International trade and globalisation

Syllabus: 0455–2027–2028
Section: 6
Level: —

Exam analysis

Most tested topics

Specialisation and free trade
Globalisation and trade restrictions
Foreign exchange rates
Current account of the balance of payments