1 mark
Q1(a) Multiple choice on the most likely driver of increased globalisation (tariffs, transport costs, multinationals or communication costs).
Edexcel · 4EC1
All 23 questions from the Edexcel iGCSE Paper 2, June 2025 Economics paper (4EC1), worth 80 marks in total. The main topics tested are Monetary policy (2), Balance of payments (2), Unemployment (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.
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Q1(a) Multiple choice on the most likely driver of increased globalisation (tariffs, transport costs, multinationals or communication costs).
Q1(b) Multiple choice on the likely consequence of successfully cutting unemployment.
Q1(c) Give the meaning of a trading bloc.
Q1(d) Say how consumers are affected when interest rates rise.
Q1(e) Work out the visible trade balance in EURbn from the export and import figures given.
Q1(f) Diagram question: show what France's EUR4bn hydrogen subsidy does to equilibrium price and quantity.
Q1(g) Give one way a fiscal surplus helps - Portugal case.
Q1(h) Data response: what the recovery phase of the cycle does to unemployment - Greece case.
Q2(a) Multiple choice picking the policy that changes interest rates (fiscal, supply-side, monetary or exchange rate).
Q2(b) Multiple choice picking the example of deregulation.
Q2(c) Name one way foreign direct investment can help an economy.
Q2(d) Give the meaning of an indirect tax.
Q2(e) Give one route by which state healthcare cuts poverty (context: 4.5bn people without access).
Q2(f) Diagram question: show what currency speculators do to the sterling-dollar equilibrium exchange rate.
Q2(g) Data response: what South Korea's car industry gains from the Philippines scrapping tariffs.
Q3(a) Multiple choice on the advantage of pollution permits.
Q3(b) Multiple choice: EUR15bn deficit on the current account, set against EUR300bn output - express as a percentage.
Q3(c) Name one cause of structural unemployment, China case (youth unemployment 14.9%, skills mismatch).
Q3(d) Data response: how rising inflation drives menu costs for small UK firms (context: CPI up from 3.9% to 4%).
Q3(e) Data response: do income tax cuts pull more Italians into employment?
Q4(a) Work out to 2 d.p. the percentage fall in UK single-use plastic bag sales between 2021 and 2023.
Q4(b) Data response: environmental damage from business activity, UK case (consumer goods 26% of emissions).
Q4(c) Data response: is regulation an effective environmental safeguard? UK case (2023 single-use plastic restrictions).
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