Extract A
Figure 1: Real GDP (US$ bn), selected Southeast Asian nations, 2019–2022
| Country | 2019 | 2020 | 2021 | 2022 |
|---|---|---|---|---|
| Cambodia | 27.0 | 26.1 | 26.9 | 28.3 |
| Laos | 19.0 | 19.1 | 18.8 | 19.0 |
| Malaysia | 365.0 | 344.0 | 354.0 | 390.0 |
| Philippines | 376.0 | 340.0 | 360.0 | 390.0 |
| Vietnam | 330.0 | 341.0 | 352.0 | 380.0 |
Source: World Bank data, 2023
Figure 2: Foreign direct investment (FDI) net inflows (US$ bn), selected Southeast Asian nations, 2019–2022
| Country | 2019 | 2020 | 2021 | 2022 |
|---|---|---|---|---|
| Cambodia | 3.7 | 3.6 | 3.5 | 3.6 |
| Laos | 0.9 | 1.0 | 0.8 | 0.6 |
| Malaysia | 9.1 | 3.2 | 11.6 | 12.0 |
| Philippines | 8.7 | 6.8 | 12.0 | 9.2 |
| Vietnam | 16.1 | 16.5 | 17.0 | 18.2 |
Source: World Bank data, 2023
Explain how the data in Extract A (Figures 1 and 2) show that nations with high and stable economic growth attract rising foreign direct investment (FDI) inflows.
310 exam-style questions on AQA A Level Economics 2.6 The international economy (A-level only), covering 2.6.1 Globalisation, 2.6.2 Trade, 2.6.3 The balance of payments, 2.6.4 Exchange rate systems, and 2.6.5 Economic growth and development. Each one has a worked solution and a mark scheme showing where the marks go.