IB skill practice

Integrate diagrams and calculations in Economics responses

Economics SL completion skill with original exam-style extended-response, data-response, calculation, and evaluation seeds.

Paper 1, Paper 2 5 marks Difficulty 3

Combine trade balance and BOP

A school IB Economics revision set gives exports of 74 billion dollars and imports of 83 billion dollars. Calculate the trade balance and classify the account. Use the labelled diagram, data, command term, and article evidence before writing the answer. Enter the answer and choose the interpretation that best matches the exam evidence.

Worked practice: economic evidence and answer

Identify the economic evidence first, then state the result and interpretation.