A-LevelEconomicsInternational TradeMay/June 2013Paper 1 Q221 Mark
Since 2000 a country's export prices have increased on average by 50% and its import prices by 25%. What is the current figure for the country's terms of trade (2000 = 100)?
A75
B83
C120
D125
✓ Correct Answer
The correct answer is C. 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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