A coastal town specialises in tourism. Visitor numbers rise sharply, but rents increase and many residents cannot afford local housing. Which conclusion is most accurate?
Specialisation benefits every worker equally
Specialisation can raise regional income while imposing costs on some residents
Exchange prevents resources moving between uses
The town has changed from the tertiary to the primary sector
28 exam-style questions on OCR GCSE Economics 2.1 The role of markets, covering 2.1.1 What is a market, 2.1.2 Primary, secondary and tertiary sectors, 2.1.3 Factor and product markets, and 2.1.4 Specialisation and exchange. Each one has a worked solution and a mark scheme showing where the marks go.