The Chilean copper mining and extraction industry accounts for over 50% of the country's total export value, employing thousands of workers directly, particularly in the arid northern regions such as the Atacama Desert.
Discuss the likely impacts on an economy of specialising in copper mining and extraction. Use a production possibility frontier (PPF) diagram in your answer.
85 exam-style questions on Edexcel A A Level Economics 1.1 Nature of economics, covering 1.1.1 Economics as a social science, 1.1.2 Positive and normative economic statements, 1.1.3 The economic problem, 1.1.4 Production possibility frontiers, 1.1.5 Specialisation and the division of labour, and 1.1.6 Free market economies, mixed economy and command economy. Each one has a worked solution and a mark scheme showing where the marks go.