AS Paper 2, June 2025The UK Economy – Performance and Policies
AS Paper 2, June 2025, Q5(b)
Explain one likely reason for the deficit in the UK balance of trade in goods and services. Refer to the chart on page 10 in your answer.
Short answerExplain3 marks
Context
Chart: UK net monthly balance of trade in goods and services, by value, January to October 2023 (£ billions).