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4.1 International economics

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Question 35

Unit labour costs for selected Eastern European countries, 2023 (base year 2016 = 100)

CountryUnit labour costs
Poland114
Hungary134
Czechia119
Slovakia111

Explain one likely reason for Hungary's unit labour costs rising faster than in other Eastern European countries.

[2]
Markscheme

4.1 International economics Questions

  1. A Level
  2. /Economics
  3. /4.1 International economics

103 exam-style questions on Edexcel A A Level Economics 4.1 International economics, covering 4.1.1 Globalisation, 4.1.2 Specialisation and trade, 4.1.3 Pattern of trade, 4.1.4 Terms of trade, 4.1.5 Trading blocs and the World Trade Organisation (WTO), 4.1.6 Restrictions on free trade, 4.1.7 Balance of payments, 4.1.8 Exchange rates, and 4.1.9 International competitiveness. Each one has a worked solution and a mark scheme showing where the marks go.

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