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A-LevelEconomicsThe price system and the microeconomy9708/33 · Oct/Nov 2019 · Q111 Mark

The table shows details of mergers (purchases and sales) involving UK companies in 2015 and 2016. transactions abroad transactions in the UK by UK companies by foreign companies year purchases sales purchases sales number value £m number value £m number value £m number value £m 2015 170 25561 42 16852 145 33 335 35 7451 2016 135 16665 43 15898 227 187418 39 4807 What can be concluded from the data? A Purchasing activity abroad by UK companies increased from 2015-2016. B Purchasing activity by UK companies exceeded purchasing activity by foreign companies. C Purchasing activity by UK companies exceeded sales activity in both years. D The value of sales by foreign companies increased from 2015–2016.

  1. (a)The table shows details of mergers (purchases and sales) involving UK companies in 2015 and 2016. transactions abroad transactions in the UK by UK companies by foreign companies year purchases sales purchases sales number value £m number value £m number value £m number value £m 2015 170 25561 42 16852 145 33 335 35 7451 2016 135 16665 43 15898 227 187418 39 4807 What can be concluded from the data? A Purchasing activity abroad by UK companies increased from 2015-2016. B Purchasing activity by UK companies exceeded purchasing activity by foreign companies. C Purchasing activity by UK companies exceeded sales activity in both years. D The value of sales by foreign companies increased from 2015–2016.[1]

Mark scheme

Marking points from the official mark scheme (Oct/Nov 2019). The mark or mark type is shown in brackets.

  1. [1] (Correct option is C)

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About this question

Topic
The price system and the microeconomy, A-Level Economics (syllabus 9708). Structured question, 1 mark.
Source
A-Level Economics, Oct/Nov 2019 Paper 3 Variant 3, question 11.

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