Cambridge International (CAIE) · 6 International economic issues (AS) · 6.3 Current account of the balance of payments
Cambridge International (CAIE) Economics past paper questions: Current account of the balance of payments
Every Cambridge International (CAIE) question on Current account of the balance of payments from 2023 to 2025: 2 essays, 2 data response questions and 14 multiple choice questions. It covers 6.4 Exchange rates, 4.6 Price stability, 4.3 Aggregate demand and aggregate supply analysis and 6.1 The reasons for international trade. Each question links to its paper, mark scheme and examiner report.
Essay questions on current account of the balance of payments
Data response questions on current account of the balance of payments
Case study: Can South Africa escape from its economic difficulties?
Case study: Can economic growth in Chile reduce income and wealth inequality?
Multiple choice questions
- AS Paper 1, November 2025, Q26
A country with a floating exchange rate has a large deficit on the current account of the balance of payments. What is most likely to decrease as a consequence of this deficit?
- AS Paper 1, June 2025, Q27
What is most likely to lead to a persistent surplus in a country’s current account of its balance of payments?
- AS Paper 1, March 2025, Q28
A country experiences a rising trade deficit and a current account surplus at the same time. Which combination of events might explain this?
- AS Paper 1, November 2024, Q25
A country has a floating exchange rate. Its current account on the balance of payments moves from a surplus to a deficit. Which rate is likely to increase in the short run as a consequence of this worsening of its current account?
- AS Paper 1, November 2024, Q29
Turkey imported $220 million worth of goods and services. Turkey exported $12 million worth of goods and services during the same period. Its net income was –$15 million. What is Turkey’s current account balance?
- AS Paper 1, June 2024, Q26
A major European economy announced that the primary income account deficit of its balance of payments changed from $20 billion to $50 billion. What would have contributed to this change?
- AS Paper 1, June 2024, Q30
What is not included in the current account of the balance of payments?
- AS Paper 1, March 2024, Q27
The table shows an extract from a country’s balance of payments. What is the current account balance?
- AS Paper 1, March 2024, Q28
The table shows the goods balance and services balance for a country in selected years. Between which years did the overall goods and services balance change the most?
- AS Paper 1, March 2024, Q30
What is not a likely cause of a deficit in the current account of the balance of payments?
- AS Paper 1, November 2023, Q25
A country’s current account deficit is larger this year than last. What is the most likely reason for this increase?
- AS Paper 1, November 2023, Q28
A foreign government pays a UK university to educate its students. How would this be recorded on the balance of payments current account of the UK?
- AS Paper 1, June 2023, Q17
The table contains some figures from the balance of payments account of the United States (US) for a given year. What cannot be concluded about US trade from the table?
- AS Paper 1, June 2023, Q28
A government wishes to reduce the deficit on the secondary income section of its current account. Which policy would be most effective?
Question text is quoted from the question papers, © Cambridge University Press & Assessment (UCLES), for students’ private study. Open the official papers and mark schemes from the links on each question. Examiner insights are written with AI assistance and moderated by Finn.