2010年5月IB经济SL真题下载-Paper1
Answer one question. Each question is worth.
1. (a) With the aid of at least one diagram, explain the difference between a movement along an existing demand curve for a good and a shift of the demand curve for a good.
(b) Evaluate the view that the market forces of demand and supply will always lead to the best allocation of resources.
2. (a) Aggregate demand consists of consumption, investment, government spending and net exports (exports minus imports). Explain two factors that may influence consumption and two factors that may influence government spending.
(b) Evaluate the possible impact of an increase in consumption expenditure on the performance of an economy.
3. (a) Explain the possible consequences of an improvement in a country’s terms of trade for a country with a current account deficit.
(b) Evaluate the view that, in the long term, expenditure-switching policies (protectionism) are the most effective way to reduce a current account deficit.
4. (a) Explain the difference between economic growth and economic development, and how each of these may be measured.
(b) Evaluate the view that the best way that developed countries can help the growth and development process of very poor, highly indebted countries is through a general cancellation of debts.
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