Logged out
Access All our Essays in an Instant
Swap your work for FREE access, or pay £4.99 for instant access
The Balance of Payments - Data question.
Member rating: No Rating | Words: | Submitted: Wed Mar 24 2004
Page Preview
On the left is an image preview of every page of this document, and below are the first 150 words with formatting removed:
The Balance of Payments- Data question (page 196) Question 1 The visible trade balance in figure 30.6 illustrates changes in the balance of trade. This is the difference between exports (which bring money into the country) and imports (money leaves the country). The data informs us there has been a balance of trade deficit in the UK from 1985 to 1999 although this figure has been on varying levels. In the beginning of the period the deficit is £2billion. This reduces to just under £0.5 billion and nearly reaches a complete balance of no deficit or surplus in 1986. The value fluctuates yet steadily rises to reach the highest deficit value of just under £7billion in 1989. The deficit falls in value slowly and reaches a low of only £2 billion deficit in 1992. The value increases to £4billion in 1993 and then fluctuates between £2 billion and £4 billion from 1993...
Get instant access
- Instant, unlimited access to our documents in full
- Swap your work for free access, or pay £4.99
- To see the full version of this document and 150,044 others
