Economics (AS & A Level) · Oct / Nov 2025 · Paper 13 · Question 1
The following appeared in a newspaper article. 'The economies of the poorest nations have large international debts; the richest nations should cancel the debts of these nations and reduce poverty.' What is the nature of each statement?
- Apoorest nations have large international debts: normative; richest nations should cancel these debts to reduce poverty: normative
- Bpoorest nations have large international debts: normative; richest nations should cancel these debts to reduce poverty: positive
- Cpoorest nations have large international debts: positive; richest nations should cancel these debts to reduce poverty: positive
- Dpoorest nations have large international debts: positive; richest nations should cancel these debts to reduce poverty: normative
As printed in the paper
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Correct answer: D. poorest nations have large international debts: positive; richest nations should cancel these debts to reduce poverty: normative
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