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A-LevelEconomicsInternational economic issues9708/33 · Oct/Nov 2019 · Q271 Mark

A country decides to abolish its tariff on imports of copper from Zambia. Under which circumstances would this benefit Zambia? A The income elasticity of demand for copper is greater than one. B The price elasticity of demand for copper is greater than one. C The price elasticity of demand for copper is less than one. D The price elasticity of supply for copper is less than one.

  1. (a)A country decides to abolish its tariff on imports of copper from Zambia. Under which circumstances would this benefit Zambia? A The income elasticity of demand for copper is greater than one. B The price elasticity of demand for copper is greater than one. C The price elasticity of demand for copper is less than one. D The price elasticity of supply for copper is less than one.[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 B)

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About this question

Topic
International economic issues, A-Level Economics (syllabus 9708). Structured question, 1 mark.
Source
A-Level Economics, Oct/Nov 2019 Paper 3 Variant 3, question 27.

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