Economics WEC14/01 June 2022

Edexcel International AS/A Level Economics (WEC) Jun 2022

معلم موافق رایگان بودن است.

1. Iranian government economic development strategies: diversification into non-oil exports, industrialisation, infrastructure investment, telecommunications expansion, privatisation of state companies, increased broadband and mobile access, internet content restrictions, stock market volatility.
2. Disadvantages of increased national debt in Iran: higher interest payments reducing public spending capacity, increased risk of sovereign default, inflationary pressures, crowding out private investment, reduced creditworthiness, economic instability.
3. Trade restrictions definition: government-imposed barriers such as tariffs, quotas, sanctions limiting imports and exports, motivated by political or economic objectives.
4. Economic effects of US trade restrictions on Iran: sharp decline in oil exports, reduced foreign direct investment, 75% currency depreciation, GDP contraction, rising unemployment, increased inflation, trade deficit emergence.
5. Indicators of Iran’s economy (2010-2020): fluctuating GDP growth rates, rising inflation rates, government debt reaching over 40% of GDP by 2020, effects of international sanctions and domestic policies.
6. Government policies impact on economic indicators: privatisation linked to stock market volatility, telecommunications growth promoting economic diversification, trade sanctions causing negative macroeconomic shocks and instability.