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2.6 The international economy (A-level only)

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Question 102

Context 1: Global Trade Dynamics and UK Recovery

Extract C (lines 10–12) states: 'In an open economy, the circular flow of income is highly sensitive to external shocks, meaning that the balance between injections such as exports and leakages such as imports is rarely stable.'

Using the data in the extracts and your economic knowledge, assess the possible effects on UK macroeconomic performance if there is a sustained expansion in export growth that significantly outpaces import growth.

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Markscheme

2.6 The international economy (A-level only) Questions

  1. A Level
  2. /Economics
  3. /2.6 The international economy (A-level only)

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.

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