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

2831 Views

See similar Economics A Level tutors

Related Economics A Level answers

All answers ▸

Describe the equilibrium point in the market


Explain the meaning of opportunity cost?


What is the difference between public goods and externalities?


What is demand and supply in Economics?


We're here to help

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

MyTutor is part of the IXL family of brands:

© 2026 by IXL Learning