Case study · Indonesia
Using the data in Figure 4 and other information provided, explain the likely change to Indonesia’s terms of trade since 2011.
Specification point 4.1.4 · Theme 4
International economics · A global perspective
Questions tagged to this specification point
4 questions
Long-form evaluation and discussion
No essay questions tagged to this point yet.
Questions built around exam extracts
Case study · Indonesia
Using the data in Figure 4 and other information provided, explain the likely change to Indonesia’s terms of trade since 2011.
Focused calculations, explanations and diagrams
Explain what is meant by ‘terms of trade’.
Explain the likely impact of the change in China’s terms of trade from 2012 to 2020 on China’s current account. Assume that demand for China’s exports and imports is price elastic.
Quick checks of economic understanding
Which one of the following is the percentage change in China’s terms of trade between 2012 and 2020, to the nearest whole number?