A-LevelEconomicsInternational economic issues9708/12 · Oct/Nov 2011 · Q191 Mark

A government removes the tariff on a product as shown in the diagram. [Figure showing domestic supply S, domestic demand D, world supply with tariff P1, world supply without tariff P2, price axis, quantity axis with points V, W, X, Y, Z] What will be the change in domestic production?

This question uses a diagram from the original paper, which isn't shown here. Open the full paper from the past papers archive to see it.

Areduction of WV

Breduction of XV

Creduction of XW

Dreduction of ZY

✓ Correct answer

A: reduction of WV

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, Oct/Nov 2011 Paper 1 Variant 2, question 19.

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