AQA A Level · 7136 · Paper 2: The national and international economy
4.2.6.3 The Balance of Payments: Part 3: Competitiveness
A-level only
Everything you need for questions on international competitiveness and the current account, in the words examiners reward. An interactive seven-step lesson goes with it.
What's on this sheet
- Measuring competitiveness
- Wages are not the whole story
- Factors influencing competitiveness
- Why it matters
- Classic question: is a depreciation the best way to improve competitiveness?
- Side 2: practice tasks, where the marks go, and exam-style questions
- Separate answer key
The lesson in seven steps
- Wages, productivity and the pound
- What drives competitiveness?
- Better or worse?
- Competitiveness trainer
- How to compete
- Build the chain
- Exam practice
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