Question 3(b)
[Maximum number: 1]
What is the visible trade balance in $bn for the country?
A
$ 30 bn
B
$ 60 bn
C
$ 90 bn
D
$ 250 bn
The fiscal deficit of the US is expected to increase from $1.6tn to $2.6tn over the next 10 years.
Edexcel IGCSE Economics Interpret Economic Data
Practise Edexcel IGCSE Economics data interpretation by selecting relevant trade figures and identifying the visible balance.
How this is tested
- Identify the visible trade balance from export and import data stated in billions.
- Separate the trade-balance calculation from nearby fiscal-deficit information.