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Ini Kazeem
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Decks in this class (17)
With the help of a diagram, explain the extent to which the removal of a tariff might affect the volume of imports into the UK
Intro,
P1,
P2
4
cards
With the help of a diagram, explain how export subsidies may help promote economic growth in India.
Intro,
P1,
P2
4
cards
Discuss the view that protectionist policies should be introduced to protect UK firms - new specimen 2 2015
Intro,
P1 tariffs,
Consp1 tariffs
8
cards
Explain the possible costs and benefits for an economy arising from its involvement in international trade. (15)
Intro,
Para 1 benefits,
Diagram
4
cards
Assess the impact of a fall in world commodity prices the performance of the UK economy
Intro,
Para 1 inflation,
Para 2 gdp growth
7
cards
Assess the view that, for the UK, the economic benefits of globalization outweigh the costs
Intro,
P1 reduced production costs,
P2 volatility of the uk business ...
5
cards
Using the data and your knowledge of economics, evaluate the view that the UK should focus its monetary policy on managing the exchange rate in order to improve macroeconomic performance.
Introduction,
P1 improved international competi...,
P2 reduce balance of payments def...
7
cards
Evaluate the view that MNCs play a positive role in the development of LEDCs
Intro,
P1 fdi productivity,
P2 economic growth trade
5
cards
Assess the view that a depreciation of the pound against other currencies is likely to improve the UK’s macroeconomic performance
Intro,
Para 1,
Para 2
8
cards
Using the data in the extracts and your economic knowledge of economics, assess the impact of a persistent current account deficit on the
Intro,
Para 1,
Para 2
4
cards
Evaluate the measures that might be taken to reduce a deficit in the current account of the UK’s balance of payments. (25)
Intro,
P1 devaluing the er,
P2 reducing domestic consumption
5
cards
Evaluate the view that further enlargement of the European Union would be beneficial for the UK economy - Jun 2015
Structure of essay,
Intro,
P1 trade
5
cards
"Evaluate the extent to which individuals and firms in the UK benefit from membership of the EU
Intro,
Para 1 free trade area,
Para 2 common external tariff reg...
5
cards
aluate the view that monetary policy is the most effective way of tackling deflation in developed countries such as the UK and Japan - Jun 2017
Intro,
P1,
P2
5
cards
Fiscal policy Explain the possible causes of a falling budget deficit (15)
Intro,
P1 increase in tax,
P2 decrease in government spending
4
cards
evaluate the view that maintaining low interest rates for a sustained period of time may be damaging to the UK’s macroeconomic stability. 25 marks Jun 2018
Intro,
P1 impact on ad,
P2 inflationary pressure and debt
5
cards
ER Diagrams
Er appreciation diagram,
Er depreciation diagram
2
cards
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Econ Essay Plans (Macro)
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