Economics 9708/23 Oct Nov 2013 | Cambridge AS Level Past Papers With Mark Scheme

You can download the full PDF file for reference. Key questions extracted:

1. Identification of non-tariff barriers to trade and changes required for transitioning from a common market to a monetary union within the East African Community (EAC).
2. Analysis of the rationale for imposing varying common external tariff rates in the EAC Customs Union.
3. Evaluation of the impact of the EAC Customs Union on Tanzania’s trade balance and economic position.
4. Discussion of the benefits and challenges of expanding the EAC to include other neighboring countries.
5. Comparison of the role of enterprise with other factors of production in free-market and centrally planned economies.
6. Examination of the relationship between money supply, inflation, and the functions of money in the economy.