International A Level Unit 4, Jan 2024

Q1 Identify an economic barrier to a country's growth (corruption / less terrorism / easier credit / scarce foreign exchange).

Q2 Classify Brazil's $160m outlay on 762 infrastructure schemes in 2022 (transfer payments / current / capital / consumer).

Q3 Identify the likeliest cause of the EU's larger capital and financial account surplus in 2022.

Q4 Identify a possible drawback of globalisation for the world economy.

Q5 Identify which currency trades Japan's central bank would make to prop up a sliding yen against the dollar.

Q6 Deduce what export and import price indices for Bosnia and Herzegovina over 2018-2020 show about its terms of trade.

Q7(a) Work out Greece's 2022 national debt in dollars from the real GDP and debt-to-GDP charts.

Q7(b) Explain what deflationary fiscal policy means, as required of Greece by its rescue lenders.

Q7(c) Examine two steps the Greek government could take to become more competitive internationally.

Q7(d) Analyse two functions carried out by the European Central Bank, using the Greek debt extract.

Q7(e) Discuss the gains Greece might enjoy from cutting its debt relative to GDP.

Q10 Evaluate market-led strategies a developing country might use to lift development, given South Sudan's falling HDI.

Q8 Evaluate why income gaps widened in a developed country, as seen in Sweden and the USA since 2007.

Q9 Evaluate what shapes trade patterns, given developing economies' rising share of world exports since 1995.