4 questions on Globalisation (Edexcel specification 4.1.1) from the A-Level Economics papers, 2018–2024. Every question links to the official mark scheme at the page its answer begins on.
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In 2020, exports as a share of world GDP were 12% higher than in 2000, almost twice as high as 50 years ago. (Source adapted from: https://www.dhl.com/content/dam/dhl/global/dhl-spotlight/documents/pdf/2021-gci-update-report.pdf) Evaluate the possible factors contributing to globalisation.
One of two options in Section C — candidates answered this or the other.
With global economic growth slowing and inequality rising, the case against globalisation is strengthening. But there are also many benefits to globalisation. Global trade and international trade agreements allow countries to focus on their strengths and share expertise, as well as reducing risk through diversification. (Source: adapted from https://www.ft.com/content/7b365844-9b75-11ea-adb1-529f96d8a00b) Evaluate the likely impact of globalisation on the global economy.
One of two options in Section C — candidates answered this or the other.
With reference to Extract A, discuss two macroeconomic policies, apart from protectionism, that a government could use to reduce the negative effects of globalisation.
4.1.1 Globalisation · 4.5.4 Policies in a Global Context
Evaluate the microeconomic and macroeconomic factors that may influence Starbucks’ decision whether to expand in a particular country.
One of two options in Section A — candidates answered this or the other.
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