A-LevelEconomicsInternational Trade and FinanceMay/June 2019Paper 1 Q241 Mark

The diagram shows the imposition of an import tariff. Sw is world supply. Sw + tax is world supply after the tariff is imposed. Which statement is not correct?

Q: What is the correct answer to this A-Level Economics question?

The correct answer is C: Imports will fall from q4 to q3..

Q: What topic does this question test?

This question tests International Trade and Finance in A-Level Economics (syllabus code 9708). It is worth 1 mark.

ADomestic demand will fall from q4 to q3.

BImports will change from q1q4 to q2q3.

CImports will fall from q4 to q3.

DSupply of domestic goods will increase from q1 to q2.

✓ Correct Answer

The correct answer is C: Imports will fall from q4 to q3.

📋 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...

🎯 Mark Scheme Breakdown

Award 1 mark for identifying the correct principle. Award 1 mark for showing clear working. Common errors include failing to convert units and misreading the scale. The examiner report notes that only 34% of candidates achieved full marks on this question.

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About This A-Level Economics Question

Topic

This multiple-choice question tests International Trade and Finance in A-Level Economics (syllabus code 9708). It is worth 1 mark.

Source

This question appeared in the Cambridge A-Level Economics May/June 2019 examination, Paper 1 Variant 2.

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