A Level Paper 3, Oct 2020

Q1(a) Using Extract A, explain the ways Turkey's central bank acts in foreign exchange markets to stop the lira swinging too far either way.

Q1(b) Examine two motives behind Turkey's wish to stop the lira sliding steeply against other currencies.

Q1(c) Discuss how far measures aimed at curbing single-use plastic bag use would succeed in cities like Istanbul.

Q1(d) Evaluate what dearer borrowing in Turkey would mean at both micro and macro level.

Q1(e) Evaluate micro and macro consequences of major infrastructure schemes, taking Istanbul's third airport as the example.

Q2(a) Using Figure 3, explain the reasoning behind gauging productivity as GDP per hour worked, nominal values at PPPs.

Q2(b) Setting aside young workers' literacy and numeracy, examine one cause of the UK productivity path charted in Figure 4.

Q2(c) Discuss why so many UK high street chains are shutting stores or collapsing altogether; include a cost and revenue diagram.

Q2(d) Evaluate micro and macro policy options for raising the competitiveness of the UK economy.

Q2(e) Evaluate micro and macro consequences when a nation's young workforce grows weaker at literacy and numeracy.