Which argument is an importer most likely to use to gain the support of consumers for free trade?

9708_s14_qp_11

MCQ

2014

Paper 1, Variant 1

View

The table shows the output of cars and televisions per worker per week before trade and specialisation. country X country Y cars televisions Each country specialises in the product where it has a comparative advantage and trades on the basis of an exchange rate which lies between their opportunity cost ratios. Which change would stop the countries specialising and trading?

9708_s14_qp_12

MCQ

2014

Paper 1, Variant 2

View

Below are production possibilities for two countries showing their daily production of food and drink, each using the same quantity of resources. food drink country X country Y What can be concluded from the figures?

9708_s15_qp_12

MCQ

2015

Paper 1, Variant 2

View

How might trade protection reduce a country’s ability to compete in export markets?

9708_s15_qp_12

MCQ

2015

Paper 1, Variant 2

View

The table shows how much rice and wheat two countries, X and Y, can grow when each country divides its resources equally between growing rice and wheat. country X country Y rice 900 million 100 million wheat 300 million 50 million Assume that each country now specialises according to comparative advantage and trades with the other country. Which terms of trade would benefit both countries?

9708_s15_qp_13

MCQ

2015

Paper 1, Variant 3

View

There are two main types of coffee grown, arabica and robusta. The table gives details of the four largest coffee producers for 2013-2014. Production is measured in thousand 60 kilogram bags. coffee producer arabica coffee robusta coffee total output Brazil 39 400 14 400 53 800 Vietnam 1 175 27 800 28 975 Indonesia 1 650 7 850 9 500 Colombia 11 000 11 000 What can be concluded from the table about production in the four countries?

9708_s16_qp_11

MCQ

2016

Paper 1, Variant 1

View

The diagram shows the production possibility curves for two countries, X and Y. A decrease in productivity moves country X’s production possibility curve from X1 to X2. manufactured goods raw materials X2 X1 Y Which statement is correct?

9708_s16_qp_11

MCQ

2016

Paper 1, Variant 1

View

What is necessary for effective specialisation?

9708_s16_qp_12

MCQ

2016

Paper 1, Variant 2

View

Which combination of changes in export prices and import prices would result in an improvement in a country’s terms of trade?

9708_s16_qp_13

MCQ

2016

Paper 1, Variant 3

View

Countries X and Y produce the world supply of computers and wheat. Each country divides its resources equally between the two products and produces the following. computers units wheat units X Y How would total output be altered if each country specialised completely in the product in which it has a comparative advantage?

9708_s16_qp_13

MCQ

2016

Paper 1, Variant 3

View

---