plumiBalance of payments: AQA GCSE Economics questions
AQA GCSE Economics past-paper questions on 3.2.2.5 Balance of payments, 2020–2025, with mark schemes and examiner’s reports where available.
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All 13 questions on Balance of payments, as a list
- June 2025, Paper 2, Q8 (1 mark): Table 2 shows data from the current account of the balance of payments for an economy. Table 2 £ million Exports 12.5 Imports 11.1 Primary income balance –4.3 S
- June 2025, Paper 2, Q25 (6 marks): 2 5 Using Item B, analyse why the UK current account of the balance of payments is normally in deficit. [6 marks]
- June 2024, Paper 2, Q23 (3 marks): 2 3 Using Table 3 in Item A, calculate the UK current account balance for 2021 in £ millions. Tick () one box to indicate whether it is in surplus or deficit.
- June 2024, Paper 2, Q24 (6 marks): 2 4 Using Item A, explain two government policies that could reduce a deficit on the current account of the balance of payments. [6 marks]
- June 2023, Paper 2, Q8 (1 mark): Which of the following pairs of policy changes is most likely to reduce a balance of trade deficit? [1 mark]
- June 2023, Paper 2, Q10 (1 mark): 1 0 Table 2 shows data from the current account of the balance of payments for an economy. Table 2 £ million Exports 4.5 Imports 7.7 Primary income balance 3.4
- June 2022, Paper 2, Q3 (1 mark): A balance of trade deficit is best described as which of the following? [1 mark]
- June 2022, Paper 2, Q14.1 (2 marks): 1 4 . 1 Calculate the balance of trade expressed as a percentage of GDP for 2022 to one decimal place. Tick () one box to indicate whether it is a surplus or d
- June 2022, Paper 2, Q14.2 (2 marks): 1 4 . 2 Explain one reason why the value of a country’s exports might be larger than the value of its imports. [2 marks]
- June 2022, Paper 2, Q23 (3 marks): 2 3 Using Table 5, calculate the size of the UK’s total trade balance in 2019 with both EU and non-EU economies in £ billions. [3 marks]
- November 2021, Paper 2, Q14.1 (2 marks): 1 4 . 1 Using Table 2, calculate the value of the balance of trade in £ billions. [2 marks]
- November 2021, Paper 2, Q14.2 (2 marks): 1 4 . 2 Explain one reason why the value of a country’s imports might be larger than the value of exports. [2 marks]
- November 2020, Paper 2, Q2 (1 mark): A balance of trade surplus is best described as which of the following? [1 mark]
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