Economics Multiple Choice Question – 1 December 2020

The home of multiple choice questions for all your KS3, KS4 and KS5 Business Studies, Economics and Accounting requirements.

sacks of coffee beans
Photo by Kelly Lacy on Pexels.com

What is likely to improve the visible trade balance of South Africa but to worsen its invisible balance?

Select ONE answer:

  1. A South African company sets up a subsidiary company in England.
  2. A UK company builds a factory in South Africa to serve the African market.
  3. The South African government removes import controls on semi-manufactured goods.
  4. The South African government increases interest rates with a view to strengthening the exchange rate of the South African Rand.

Show your workings to arrive at your answer, and explain and justify your reasons:……………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………

This multiple choice question is suitable for Economics KS4 and KS5 classes.

The answer is 2

  1. Not correct
  2. Correct
  3. Not correct
  4. Not correct

Creative Commons License
This work is licensed under a Creative Commons Attribution 4.0 International License.

%d bloggers like this: