A-LevelEconomicsInternational economic issues9708/12 · Oct/Nov 2013 · Q101 Mark
The diagram shows a country's domestic supply of, and demand for, a commodity that it both consumes and exports. [Figure 10.1] The world price changes from WP₁ to WP₂. What are the resulting changes in domestic consumption and exports? [Table 10.1]
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.
AOX to OZ, OY to OX
BOX to OZ, OY to OZ
COY to OW, YX to WZ
DOY to OW, YX to OZ
✓ Correct answer
C: OY to OW, YX to WZ
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