February/March 2026 Paper 12

2026 · 30 questions · 30 parts · 30 marks

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30Balance PaymentsMedium1 mark
A developing economy has a surplus on its trade in goods of $75 billion and a deficit on its trade in services of $25 billion, while its current account is in overall balance. Which values for primary income and secondary income result in the current account being in balance?
primary incomesecondary income
Adeficit of $20 billionsurplus of $120 billion
Bdeficit of $30 billiondeficit of $70 billion
Csurplus of $35 billionsurplus of $15 billion
Dsurplus of $40 billiondeficit of $90 billion