Question 13
Question 13 of 30
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Older MCQs might not have the typical A, B, C, D choices. They have choices 1, 2, 3, and a combination of them is the answer. Below is the key that maps such combinations to the answer.
A 1, 2 and 3 are correct
B 1 and 2 only are correct
C 2 and 3 only are correct
D 1 only is correct
Topics Tested
3. Microeconomic decision...
3.6. Firms and production

The reasons for adopting the different forms of production and their advantages and disadvantages.

4. Government and the mac...
4.7. Employment and unemployment

The nature and causes of changes in the pattern of employment, for example increase in proportion of workers employed in the tertiary sector and formal economy as an economy develops; a greater proportion of women in the labour force due to changes in social attitudes; decline in the proportion employed in the public sector as a country moves towards a market economy.

6. International trade an...
6.2. Globalisation, free trade and...

Including infant industry, declining industry, strategic industry and avoidance of dumping.