A-LevelEconomicsInternational TradeMay/June 2021Paper 1 Q241 Mark
Two statements are shown. 1 A country can produce a good at a lower opportunity cost than another country. 2 A country can produce a greater quantity of a good for the same quantity of inputs than another country. What do these two statements describe?
Aabsolute advantage ; comparative advantage
Babsolute advantage ; the terms of trade
Ccomparative advantage ; absolute advantage
Dthe terms of trade ; comparative advantage
✓ Correct Answer
The correct answer is C. This question tests the candidate's understanding of international trade within the Economicssyllabus. The examiner's mark scheme requires...
📋 Examiner Report & Trap Analysis
Common mistake: 62% of candidates selected the distractor because they confused... The examiner specifically designed this question to test whether students can differentiate between... To secure full marks, candidates must demonstrate...
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