AQA A Level Economics Paper 2 7136/2 - 6 Jun 2022 [Exam Chat]

Thats what i basically wrote about, UK export demand falling over time, so decreasing the value of exports. I think there’s a difference between export value(price) and value of exports (total export revenue)

what did you write? I wrote about inflation, quality of goods and the Exchange rate.

Reply 101

o.opiu

4

Original post by skaushal

what did you write? I wrote about inflation, quality of goods and the Exchange rate.

I wrote bout changed in comparative advantage in manufacturing for example, relative inflation, and cost if production (high NMW as opposed to less developed countries)
I wrote bout how all of them decreased demand for UK exports decreasing our value of exports

Reply 102

Aguero9320

12

Original post by CobblyWobbly

I hope they were. But if they werent surely they would allow it if the majority of student who answered that question also interpreted it the same way? Because I think that is the case

Hopefully, however there was a paper where they referred to the natural rate of unemployment in a question, not unemployment in general, a lot of students got caught out and lost marks. However this may not apply in this context because the natural rate of unemployment is actually mentioned in the specification, a distinction between exports and value of exports isn't so I i am sure you are right

Reply 103

TedJeffery

what was context 1 about

Reply 104

CobblyWobbly

4

Original post by Aguero9320

Hopefully, however there was a paper where they referred to the natural rate of unemployment in a question, not unemployment in general, a lot of students got caught out and lost marks. However this may not apply in this context because the natural rate of unemployment is actually mentioned in the specification, a distinction between exports and value of exports isn't so I i am sure you are right

Yh I hope so because this question could have so easily been interpreted as demand cos that can lead to more total value anyway. And also first year of exams they should be way more lenient