A-LevelEconomicsInternational economic issues9708/12 · May/June 2020 · Q221 Mark

Which argument is an importer most likely to use to gain the support of consumers for free trade?

AMore imports allow the government to raise revenue from tariffs.

BMore imports improve the country's terms of trade.

CMore imports increase competition in the domestic economy.

DMore imports raise total employment in the domestic economy.

✓ Correct answer

C: More imports increase competition in the domestic economy.

Oracle Prep sorts past-paper questions by topic, so you can drill International economic issues and see which topics are most likely to come up next.

Topic: International economic issues, A-Level Economics (syllabus 9708). Multiple choice, 1 mark.
Source: A-Level Economics, May/June 2020 Paper 1 Variant 2, question 22.

Questions and mark schemes are from past examination papers and remain the copyright of the exam board. How Oracle Prep builds its content

At present, one unit of a country's currency exchanges for US1.20. The country aims to set its exchange rate at US1.0…

A country's terms of trade increased from a base year value of 100 to 120 in the following year. If export prices had…

In each country, P and Q, one person can either produce the quantity of X or the quantity of Y shown. In which case d…

In cost-benefit analysis the term net social benefit refers to A private benefit plus social benefit. B social benefi…

A government school is built by private builders in a residential neighbourhood. The builders ignore the effects of n…

In all market structures, what must firms equate to ensure allocative efficiency? A average cost and average revenue …