1 mark
Q1(a) Multiple choice naming unemployment caused by seasonal demand.
Edexcel · 4EC1
All 23 questions from the Edexcel iGCSE Paper 2, June 2021 Economics paper (4EC1), worth 80 marks in total. The main topics tested are Unemployment (2), Trade protection (2), Government spending (2), Taxation (2).
Each question is summarised in our own words with its mark tariff, command word and specification point, and links through to the official paper.
Q1(a) Multiple choice naming unemployment caused by seasonal demand.
Q1(b) Multiple choice naming a tax on imports.
Q1(c) Give the meaning of a recession.
Q1(d) Give the meaning of dumping.
Q1(e) Work out India's fiscal surplus or deficit for 2019-20.
Q1(f) Diagram question: show what a targeted car subsidy does to equilibrium price and quantity.
Q1(g) Give one benefit to government of providing public parks.
Q1(h) Data response: what foreign direct investment brings - Ireland case.
Q2(a) Multiple choice on the likely effect of an appreciation.
Q2(b) Multiple choice on what is likely to cause poverty.
Q2(c) Name one effect on the balance of payments of better foreign goods.
Q2(d) Give the meaning of free trade.
Q2(e) Give one effect of rising unemployment on consumer confidence.
Q2(f) Give one reason cheaper communication has driven globalisation.
Q2(g) Data response: taxation as a tool for protecting the environment.
Q3(a) Multiple choice working total indirect tax revenue from the figures given.
Q3(b) Multiple choice completing what trading bloc members agree to.
Q3(c) Give one benefit of quotas - Brazil case.
Q3(d) Data response: why a government would raise healthcare investment.
Q3(e) Data response: what growth offers - Turkmenistan case.
Q4(a) Work out a year's interest in yuan from the savings figures given.
Q4(b) Data response: what inflation does to individuals - China case.
Q4(c) Data response: weigh up monetary policy as a means of controlling inflation.
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