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Economics · Oct / Nov 2023 · Paper 22 · Question 2

2281

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The question as text

Botswana uses both capital goods and labour in its diamond mining industry. The country had an average economic growth rate of 3.8% between 2015 and 2019 compared to a global average of 2.8%. Over this period, the country experienced a low inflation rate and a move away from protectionism and towards free international trade.

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  • 2(a)[2]

  • 2(b)[4]

  • 2(c)[6]

  • 2(d)[8]

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