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2.6 The international economy (A-level only)

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Question 14

Canada's labour productivity increases by only 8% over a four-year period. Over the same period, its key trading partners experience a 20% increase in their labour productivity. All other things being equal, the most likely consequence for Canada is

A

an expansion of Canadian export volumes to these trading partners.

B

a loss of international competitiveness against these trading partners.

C

a 12% improvement in Canada's terms of trade.

D

the immediate implementation of a 12% tariff on all imported raw materials.

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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