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A-LevelEconomicsInternational TradeOct/Nov 2013Paper 1 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]

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

The correct answer is C: OY to OW, YX to WZ

📋 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...

🎯 Mark Scheme Breakdown

Award 1 mark for identifying the correct principle. Award 1 mark for showing clear working. Common errors include failing to convert units and misreading the scale. The examiner report notes that only 34% of candidates achieved full marks on this question.

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About This A-Level Economics Question

Topic

This multiple-choice question tests International Trade in A-Level Economics (syllabus code 9708). It is worth 1 mark.

Source

This question appeared in the Cambridge A-Level Economics Oct/Nov 2013 examination, Paper 1 Variant 2.

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