Economics 9708/21 May June 2011 | Cambridge AS Level Past Papers With Mark Scheme

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1. Comparison of milk price trends between the US and New Zealand from 2007 to 2009.
2. Evaluation of seasonal and structural factors influencing milk prices globally.
3. Impact analysis of lower milk prices on different stakeholders, including consumers and dairy industries.
4. Role of government subsidies in stabilizing agricultural markets and supporting dairy farmers.
5. Economic functions of mixed systems and their advantages over planned economies.
6. Effectiveness of tariffs and quotas in addressing current account deficits and promoting trade balance.