Note AcademyNote Academy
Start

Economics (AS & A Level) · May / June 2025 · Paper 13 · Question 29

9708The reasons for international trade

The table gives the terms of trade index for a country over three years. What is the most likely impact of this change?

  1. Athere will be a decrease in cost-push inflation
  2. Bthere will be a decrease in living standards
  3. Cthere will be an increase in the budget surplus
  4. Dthere will be an increase in the volume of exports

As printed in the paper

Show the answer

Correct answer: A. there will be a decrease in cost-push inflation

Sit this whole paper →More on The reasons for international trade

Make a free account to save your answers and see your weak topics and ask the AI why a wrong answer is wrong.