0455.6.4.1 — structure The components of the current account of the balance of payments – trade in goods, trade in services, primary income and secondary: past paper questions
Real questions on 0455.6.4.1 — structure the components of the current account of the balance of payments – trade in goods, trade in services, primary income and secondary
The newest 20 of 25 written questions. Open one to see it on the real paper.
- 0455/02 · Specimen 2027 · Q5a[2]
Identify two reasons why a government may want a lower foreign exchange rate.
See it on the paper → - 0455/22 · May/June 2026 · Q1a[1]
Calculate Kuwait’s current account surplus as a percentage of its GDP.
See it on the paper → - 0455/22 · February/March 2025 · Q5a[2]
Identify a difference between an export and an import.
See it on the paper → - 0455/12 · October/November 2024 · Q30[1]
Between which two years did the country have an increase in the value of imports and an improvement in its balance of trade in goods?
See it on the paper → - 0455/21 · October/November 2024 · Q1e[4]
Explain the relationship between the oil price and the UAE’s current account balance.
See it on the paper → - 0455/22 · May/June 2024 · Q1a[1]
Tunisia’s balance on the current account of its balance of payments.
See it on the paper → - 0455/22 · May/June 2024 · Q4c[6]
the advantages an economy may gain from having some of its people working in other countries.
See it on the paper → - 0455/22 · February/March 2024 · Q1g[6]
Discuss whether or not a surplus on the current account of its balance of payments would benefit the Danish economy.
See it on the paper → - 0455/23 · October/November 2023 · Q1f[5]
Analyse the relationship between countries’ trade in goods and services balances and their current account balances.
See it on the paper → - 0455/21 · May/June 2023 · Q3c[6]
how an increase in labour productivity in a country can increase a surplus on the current account of its balance of payments.
See it on the paper → - 0455/22 · February/March 2023 · Q4c[6]
Analyse how advances in technology may improve the current account balance on a country’s balance of payments.
See it on the paper → - 0455/22 · October/November 2022 · Q1g[6]
whether or not a subsidy, given to farmers by the Nigerian government, would reduce the deficit on the current account of its balance of payments.
See it on the paper → - 0455/23 · October/November 2022 · Q5a[2]
Identify two components of the current account of the balance of payments.
See it on the paper → - 0455/21 · May/June 2022 · Q2b[4]
two reasons why the value of a country’s exports may be greater than the value of its imports.
See it on the paper → - 0455/11 · October/November 2021 · Q28[1]
The diagram shows China’s trade with Brazil for two years. 012345 China’s exports China’s imports year 1 year 2 key $ billion What happened to China’s trade balance with Brazil between year 1 and year 2?
See it on the paper → - 0455/12 · October/November 2021 · Q28[1]
The diagram shows China’s trade with Brazil for two years. What happened to China’s trade balance with Brazil between year 1 and year 2?
See it on the paper → - 0455/22 · October/November 2021 · Q1e[4]
Analyse how India’s position on the current account of its balance of payments in 2017 compares with the other four countries.
See it on the paper → - 0455/21 · October/November 2020 · Q2a[2]
two components of the current account.
See it on the paper → - 0455/22 · October/November 2020 · Q2a[2]
trade in goods balance.
See it on the paper → - 0455/23 · October/November 2020 · Q4d[8]
Discuss whether or not a reduction in a country’s trade protection will reduce its current account surplus.
See it on the paper →
What examiners said
Most candidates were able to identify a difference between an export and an import. Unfortunately, a small proportion of candidates confused the two.
— Examiner report, February/March 2025, 0455/22 Q5(a) (Cambridge)
Most responses discussed how an increase in productivity increased output which led to greater exports. Relatively few discussed in detail why the extra output led to higher exports e.g. better quality or lower price or why it might also lead to lower imports. A small number confused the current account of the balance of payments with government budget balance and wrote about the impact on tax rev...
— Examiner report, May/June 2023, 0455/21 Q3(c) (Cambridge)
There were some pleasing answers to this question which developed good links between advances in terminology and an improvement in the current account balance on the balance of payments. An example of a good answer: Advances in technology may lead to high quality products and higher efficiency. Higher efficiency will reduce costs of production which can lower prices. High quality and low prices w...
— Examiner report, February/March 2023, 0455/22 Q4(c) (Cambridge)
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