Economics 9708/41 Oct Nov 2023 | Cambridge AS Level Past Papers With Mark Scheme

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1. Evaluating Japan’s trade deficits and their persistence despite being the fourth-largest exporter globally.
2. Assessing the role of the COVID-19 pandemic in Japan’s 2020 economic decline alongside pre-existing challenges.
3. Analyzing the effectiveness of low-interest-rate policies in stimulating Japan’s economy since 2016.
4. Discussing inefficiency in public sector health care provision versus private sector alternatives.
5. Examining the impact of mergers in the same industry with potential anti-competitive outcomes.
6. Exploring the effectiveness of monetary policy in reducing unemployment and the benefits and drawbacks of globalization for high- and low-income countries.