Using the data in Extract A, calculate, to one decimal place, the percentage change in the total net trade balance in goods with the UK’s top five trade partners from February - April 2012 to February–April 2013.

The net trade balance in goods for February–April 2012 is –£9.2bn and for February–April 2013 is –£10.5bn therefore the percentage change is 14.1%.

TH
Answered by Thomas H. Economics tutor

2587 Views

See similar Economics A Level tutors

Related Economics A Level answers

All answers ▸

Consider Donald Trump chooses to raise import tariffs on Chinese Goods, what will be the impact on the US macroeconomic environment?


Discuss the extent to which economic development in the resource-rich economies of sub-Saharan Africa is likely to be promoted by international trade


Can the creation of a labour union actually cause a loss of employment?


What does Game Theory reveal about a firm's pricing strategy?


We're here to help

contact us iconContact ustelephone icon+44 (0) 203 773 6020
Facebook logoInstagram logoLinkedIn logo

© MyTutorWeb Ltd 2013–2025

Terms & Conditions|Privacy Policy
Cookie Preferences