CSEC Economics · May/June 2011 · Paper 2 · Question 6(c)(ii)
For EACH of the benefits stated in (c)(i), explain how it can be helpful to the economy of your country.
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Practise this questionOther parts of this question
- 6(a)List THREE factors that can cause a change in demand.[3 marks]
- 6(b)Distinguish between a 'change in quantity supplied' and a 'change in supply'.[4 marks]
- 6(c)(i)State TWO benefits to be gained from a country's membership of the World Trade Organization (WTO).[2 marks]
- 6(d)Discuss TWO negative effects on Caribbean economies which can result from a loss of preferential trading arrangements.[5 marks]
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