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Economics · Oct / Nov 2017 · Paper 23 · Question 4

2281

As printed in the paper

The question as text

In August 2015, China devalued its currency, the yuan. The Chinese Government was trying to increase output, including the output of food. It had experienced a slow-down in its economic growth. However, some other countries had actually experienced a decrease in output. One of the causes of the decline in economic growth in some countries was problems connected with their commercial banks. Some commercial banks were at risk of going out of business.

Read automatically from the paper; the printed page above is exact.

Show the answer and mark scheme
  • 4(a)[2]

  • 4(b)[4]

  • 4(c)[6]

  • 4(d)[8]

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