CAIE A-Level Economics 6.3.2 Current Account Calculations

CAIE A-Level Economics 6.3.2 Current Account Calculations
Cambridge International AS & A Level Economics 9708 syllabus for exams in 2026, 2027 and 20282026–2028

Practise calculating goods, services and total trade balances before adding primary and secondary income, then interpreting deficit, surplus, trend and percentage change.

How this is tested

  • subtract imports from exports separately for goods and services before combining trade
  • add net primary and secondary income to the trade balance to obtain the current account
  • calculate percentage change in a deficit using its magnitude while stating whether it narrowed or widened

Question 29

[Maximum number: 1]

Turkey imported $ 220 million worth of goods and services. Turkey exported $ 12 million worth of goods and services during the same period. Its net income was -$ 15 million.

What is Turkey's current account balance?

A

-$ 223 million

B

- $ 217 million

C

+$ 208 million

D

+$ 247 million