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4.1 International economics

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Question 6

Which of the following is most likely to lead to Germany gaining a comparative advantage in the export of premium electric vehicles (EVs)?

A

A general appreciation of the Euro against other major international currencies

B

An increase in the productivity of workers in Germany's EV manufacturing plants relative to productivity growth in other German industries

C

A reduction in the corporation tax rate applied to all businesses operating within the eurozone

D

An increase in the wages of German automotive engineers to match inflation

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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