1 mark
Q1(a) Multiple choice completing what happens to GDP in a recovery.
Edexcel · 4EC1
All 23 questions from the Edexcel iGCSE Paper 2R, June 2019 Economics paper (4EC1), worth 80 marks in total. The main topics tested are Balance of payments (4), Economic growth (3), Exchange rates (2), Poverty (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.
Question paper → Mark scheme → Examiner report → Open in the searchable bank →
Q1(a) Multiple choice completing what happens to GDP in a recovery.
Q1(b) Multiple choice completing the definition of a trade bloc.
Q1(c) Give the meaning of a multinational corporation.
Q1(d) Set out how growth affects a country's productive potential.
Q1(e) Work out Germany's current account balance in EURbn for 2016.
Q1(f) Diagram question: show what rising UK exports to the eurozone do to sterling.
Q1(g) Give one reason growth ranks as a key macroeconomic objective.
Q1(h) Data response: what a fiscal surplus does - Singapore case.
Q2(a) Multiple choice completing the definition or calculation of GDP per capita.
Q2(b) Multiple choice naming the policy that works through interest rates.
Q2(c) Name one consequence of a current account deficit.
Q2(d) Give the meaning of absolute poverty.
Q2(e) Name one downside for Thailand's economy when its currency appreciates.
Q2(f) Give one environmental cost of rapid growth - China case.
Q2(g) Data response: should the state supply more parkland and open space?
Q3(a) Multiple choice on how outbound tourism appears in the current account.
Q3(b) Multiple choice picking the indirect tax.
Q3(c) Give one way a government cuts inequality and poverty.
Q3(d) Data response: high inflation and Argentine consumers.
Q3(e) Data response: what high unemployment does - South Africa case.
Q4(a) Work out the final price of clothing in yuan once the tariff is added.
Q4(b) Data response: what a current account surplus does - China case.
Q4(c) Data response: weigh up what China gains from cutting tariffs on imports.
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