Economics 9708/22 May June 2021 | Cambridge AS Level Past Papers With Mark Scheme

Download the attached file to view the complete content. Key questions extracted:

1. Impact of EU tariffs on rice exports from Myanmar and Cambodia and policies to improve their competitiveness.
2. Comparison of changes in price levels and current account balances between Myanmar and Cambodia.
3. Use of taxes on demerit goods like sugar-sweetened drinks to improve resource allocation and public health.
4. Analysis of cross-elasticity of demand to distinguish relationships between goods.
5. Importance of income and price elasticity of demand during a recession for entrepreneurs.
6. Causes and solutions to deflation using monetary and fiscal policies with aggregate demand and supply analysis.