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4.1 International economics

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Question 6

Unit labour costs for selected OECD countries, 2022, base year 2015 = 100

CountryUnit labour costs index (2022)
Canada118
Germany114
South Korea125
Italy108

Using the table above, the percentage increase in Germany’s unit labour costs between 2015 and 2022 is:

A

4%4\%4%

B

11.4%11.4\%11.4%

C

14%14\%14%

D

114%114\%114%

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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