Share G10 Econ SA2 Paper 2 Review 22/23
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Define depreciation of a currency. (2)
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Explain two reasons why demand for a country’s exports may be price-inelastic. (4)
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Analyse how a reduction of its import tariffs could increase a country’s output. (6)
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Discuss whether or not net emigration will reduce poverty in a country. (8)
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Define import tariff. (2)
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Explain two benefits of an increase in world output. (4)
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Analyse how a recession may reduce a country’s imports. (6)
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Discuss whether or not a developing country will benefit from the removal of trade restrictions. (8)
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Define foreign exchange rate. (2)
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Explain two reasons why the value of a country’s exports may be greater than the value of its imports. (4)
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Analyse how an increase in income tax can affect a country’s inflation rate. (6)
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Discuss whether or not governments should aim for a high rate of economic growth. (8)
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State two benefits a country may gain from immigration. (2)
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Explain two consequences of deflation. (4)
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Analyse why children from low-income families may have low incomes as adults. (6)
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Discuss whether or not a national minimum wage will reduce poverty. (8)
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