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Question 18M.3.HL.TZ0.h

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Date May 2018 Marks available [Maximum mark: 1] Reference code 18M.3.HL.TZ0.h
Level HL Paper 3 Time zone TZ0
Command term Describe Question number h Adapted from N/A
h.
[Maximum mark: 1]
18M.3.HL.TZ0.h

Table 5 provides information relating to the Balance of Payments for Urbania for 2017.

Table 5 

Urbania has a current account deficit of $125 million in 2017.

Using your answer to part (g)(ii), describe how the level of reserve assets in Urbania changed by the end of 2017.

[1]

Markscheme

The level of reserve assets in Urbania has decreased. 

OFR applies.