A-level Paper 2, June 2024The National and Global Economy
A-level Paper 2, June 2024, Q7
Evaluate macroeconomic policies that could be used to reduce a current account deficit. Refer to a country of your choice in your answer.
EssayEvaluateOptional25 marks
Context
In 2021 Brazil’s current account deficit on the balance of payments was US$46.12 billion. The Central Bank of Brazil intervened to sell its own currency, the real, on September 23rd 2022. This was the first time it has intervened in foreign currency markets since December 2021.
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