A-LevelEconomicsInternational economic issues9708/12 · Oct/Nov 2022 · Q281 Mark

Which government policy is most likely to cause expenditure switching that will benefit a country's current account?

Aincreasing import quotas

Bincreasing income tax allowances

Cincreasing spending on unemployment benefits

Dincreasing subsidies to domestic firms

✓ Correct answer

D: increasing subsidies to domestic firms

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 2022 Paper 1 Variant 2, question 28.

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

At present, one unit of a country's currency exchanges for US1.2. The country aims to set its exchange rate equal to …

The US President signed a trade agreement which allowed more duty-free access to the US market for Latin American and…

Which statement is not a valid reason why a country may impose protectionist measures?

What is used to measure the deflationary gap? A the increase in injections needed to reach full employment B the publ…

The following data describes an economy's consumption function. income (m) consumption (m) 100 90 140 122 180 154 220…

In which circumstance will there be an immediate increase in the domestic money supply? A A consumer takes advantage …