Specification point 4.1.6 · Theme 4
International economics · A global perspective
Questions tagged to this specification point
6 questions
Long-form evaluation and discussion
Case study · The cost of living in the UK
Evaluate the microeconomic and macroeconomic effects of a regional trade agreement between the UK and the EU.
Evaluate the likely impact of an increase in protectionism on the global economy.
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Evaluate the likely effects of an increase in protectionism on the economy of a developing country of your choice.
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Questions built around exam extracts
Case study · Trade and aid in Rwanda
Discuss the likely impact on Rwandan consumers and clothing manufacturers of the increase in the tariff on imports of second-hand clothes. Use an appropriate diagram to support your answer.
Diagram needed. Open the original question paper for the diagram
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Case study · Trade and Development Issues in Africa
Nigeria is considering joining the African Continental Free Trade Agreement. Assess policies the Nigerian government could use in response to the concerns of the country’s ‘manufacturers and trade unions’ (Extract B paragraph 3) if they join this trading bloc.
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Focused calculations, explanations and diagrams
Explain the likely impact of this tariff on the steel market in the US.
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Quick checks of economic understanding
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