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Paper 3 question on balance of payments and exchange rates

IB Economics Paper 3 includes two compulsory questions. This is a sample Paper 3 question. The time allowed for Paper 3 is 105 minutes, so students should spend 52.5 minutes on each question. This Paper 3 style question is on balance of payments and exchange rates. Questions AnswersPakistan’s balance of payment current account deficit increased significantly last year because of a jump in imports caused by a rise...

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