Economics 9708/22 March 2017 | Cambridge AS Level Past Papers With Mark Scheme

Download the PDF file for reference and detailed examination of the questions.

- Impact of China’s currency devaluation on Vietnam’s trade, balance of payments, and local market competition.
- Role of subsidies and boycotts in enhancing the competitiveness of Vietnamese goods against Chinese imports.
- Comparative advantage and its justification for Vietnam’s government in supporting specific competitive industries versus all industries.
- Differences between public and private goods, and the profitability of their provision.
- Under-consumption of merit goods in mixed economies and evaluation of maximum prices versus education campaigns to increase supply.
- Factors influencing price inelastic supply and strategies businesses use to enhance elasticity, assessing their potential effectiveness.