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4.1.9 International competitiveness

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12345
Question 3

Unit labour costs for selected East Asian economies, 2024 (base year 2018 = 100)

EconomyUnit labour costs
South Korea124
Taiwan109
Japan102
Vietnam94

Explain how South Korea’s international competitiveness could be affected by rising unit labour costs.

[2]

4.1.9 International competitiveness Questions

  1. A Level
  2. /Economics
  3. /4.1.9 International competitiveness