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O-LevelEconomicsInternational trade and globalisation2281/11 · May/June 2010 · Q201 Mark

South African companies are planning to undertake major investment in Zimbabwe in order to mine platinum. If this investment occurs, what would happen in the short term to the supply of platinum, the price of platinum and the profits of the companies? [Figure 20]

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Ano change rise rise
Bshift to left no change fall
Cshift to right rise rise
Dshift to right fall uncertain

✓ Correct answer

D: shift to right fall uncertain

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Topic
International trade and globalisation, O-Level Economics (syllabus 2281). Multiple choice, 1 mark.
Source
O-Level Economics, May/June 2010 Paper 1 Variant 1, question 20.

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