Evaluate the microeconomic and macroeconomic advantages for a country specialising in energy production using gas.
One of two options in Section A — candidates answered this or the other.
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2 questions on Specialisation and Trade (Edexcel specification 4.1.2) from the A-Level Economics papers, 2022–2024. Every question links to the official mark scheme at the page its answer begins on.
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Evaluate the microeconomic and macroeconomic advantages for a country specialising in energy production using gas.
One of two options in Section A — candidates answered this or the other.
Using the example of cut flowers (Extract F), discuss how the concept of absolute advantage may lead to growth in Kenya. Use numerical or diagrammatic analysis in your answer.
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