A-LevelEconomicsInternational TradeFeb/Mar 2022Paper 1 Q201 Mark
A government removes its quota on imported laptops. Assuming a normal demand curve and upward-sloping supply curve for laptops, what are the likely effects on domestic laptop manufacturers? [Figure 20]
Achange in price received by domestic manufacturers: decrease, change in income received by domestic manufacturers: decrease
Bchange in price received by domestic manufacturers: increase, change in income received by domestic manufacturers: increase
Cchange in price received by domestic manufacturers: decrease, change in income received by domestic manufacturers: uncertain
Dchange in price received by domestic manufacturers: increase, change in income received by domestic manufacturers: uncertain
✓ Correct Answer
The correct answer is A. This question tests the candidate's understanding of international trade within the Economicssyllabus. The examiner's mark scheme requires...
📋 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...
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