MPW Economics Discussion Board

Economics news post for AS and A2 students at MPW Cambridge - please add brief comments to stories you find interesting or relevant. You can: speculate on future trends; link in with other topics or units; interpret/analyse; evaluate (magnitude of change/short term/long term...); offer a personal evaluation (normative statements) but please offer evidence or an explanation. You can also evaluate other students' comments but please be professional in your response.

Wednesday, 14 January 2009

UK trade gap widens to record £8.3bn as exports slump despite plunging value of the pound

4 comments:

Justintime said...: the weaken pound should improve balance of payment like henry said but unfortunately it is recession time; 14 January 2009 at 19:16
E. Vicente said...: It is true that a weaker pound should help UK exports but the problem is that foreigners are not confident enough. One reason for that is that other countries are in the same position as the UK.; 14 January 2009 at 22:23
qiongke said...: the global weakness of sales makes the demand decreases rapidly ,so wholeworld's export gets worse not only the UK.even though the pound are more competitive.; 14 January 2009 at 23:32
Anonymous said...: It is a pity to see that the fall in the value of sterling cannot conpensate the huge gap of payment deficit since the global economy is gloomy. But as things will back to normal sooner or later, the situation depands on the recovery of the whole economy and the control of the value of pounds.; 16 January 2009 at 14:01

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