abi98
Badges: 0
Rep:
?
#1
Report Thread starter 5 years ago
#1
Extract F (lines 1 – 2) states: ‘Economic policymakers hope that UK trade with the
rest of the world will help to rebalance the economy and boost aggregate demand.’
Using the data and your economic knowledge, assess the impact on the
performance of the UK economy of a significant increase in exports and a
reduction in imports of goods and services. (25 marks)

could someone answer question please, as i have no idea where to even start and how i should lay my answer out
0
reply
Fanatical Geek
Badges: 10
Rep:
?
#2
Report 5 years ago
#2
Exports up and imports down means Aggregate demand gets an overall increase, leading to more potential growth in the UK.


Posted from TSR Mobile
0
reply
Fanatical Geek
Badges: 10
Rep:
?
#3
Report 5 years ago
#3
In terms of structure, have an intro discussing the argument. Then have at least two paragraphs discussing some points of view, and conclude with a little pointer (short run vs long run is the way to go normally)


Posted from TSR Mobile
0
reply
Fanatical Geek
Badges: 10
Rep:
?
#4
Report 5 years ago
#4
A suggestion might be to suggest than more exports could be difficult to achieve, as the UK has a relatively high exchange rate (making exports more expensive) and we are notoriously unproductive, again raising export prices (relative to other countries like Germany.)


Posted from TSR Mobile
0
reply
X

Quick Reply

Attached files
Write a reply...
Reply
new posts
Back
to top
Latest
My Feed

See more of what you like on
The Student Room

You can personalise what you see on TSR. Tell us a little about yourself to get started.

Personalise

Current uni students - are you thinking of dropping out of university?

Yes, I'm seriously considering dropping out (176)
14.53%
I'm not sure (56)
4.62%
No, I'm going to stick it out for now (354)
29.23%
I have already dropped out (35)
2.89%
I'm not a current university student (590)
48.72%

Watched Threads

View All