International A Level Unit 4, Oct 2022

Q1 Mali had an HDI of 0.43 in 2022. Identify the interventionist strategy that could stimulate its development. (promoting FDI / developing human capital / removing subsidies / privatisation)

Q2 The euro fell from EUR1 = $1.23 to EUR1 = $1.13 during 2021. Identify what could have caused this depreciation.

Q3 Between 2018 and 2019 Peru's Lorenz curve shifted towards the line of perfect equality; what follows? (a lower Gini coefficient / the Marshall-Lerner condition unmet / higher unemployment / lower progressive tax rates)

Q4 A chart tracks Germany's monthly net trade balance across 2021; state what may be concluded from it.

Q5 Canada's central bank aimed to lower the Canadian dollar against sterling in May 2021. Identify the combination of buying and selling it would use.

Q6 Pakistan's terms of trade fell 43.4% between 2000 and 2020. Identify the most likely cause, ceteris paribus.

Q7(a) From paragraphs two and three of Extract C, calculate how much of the Japanese Government's cash handouts citizens saved, showing workings.

Q7(b) Explain the meaning of an 'inflation target', referring to Figure 1 and Extract A.

Q7(c) Analyse two mechanisms by which deflationary monetary policy curbs accelerating inflation, using Figure 1 and Extract A.

Q7(d) Examine two grounds on which Japan's shifting demographics could hold back economic growth, drawing on Figure 2 and Extract B.

Q7(e) Drawing on Extract C, discuss what Japan's Government might do to lift long-term economic growth.

Q10 Evaluate the harm done to developing countries when rich nations subsidise their own farmers (context: OECD members spent $238 billion on farm support in 2020).

Q8 Evaluate how far joint ventures linking local firms with transnational companies help a developing country develop (context: such tie-ups rose sharply in 2021).

Q9 Taking one country, evaluate whether globalisation's gains exceed its costs (context: international trade expanded considerably from 1970 to 2020).