Edexcel A Level Economics B Paper 2: Competing in the global economy June 2018 question paper 9EB0/02

Average wages in China increased from ¥29 229 per year in 2008 to ¥62 029 per year in 2015.

In the same period, there was an increase of 161% in outbound tourists from China.

Using this information, calculate, to 1 decimal place, the income elasticity of demand for outbound tourism from China. You are advised to show your working.

Using Extract B, explain one impact of the increase in tourists from China on the UK Balance of Payments.

Explain one way in which the digital economy may boost UK tourism.

Analyse the impact a trade union could have on the London hotel industry.

Using a suitable diagram, discuss the likely impact of advertising and other promotional methods on the price elasticity of demand for UK holidays.

Assess the claim that China represents ‘a huge tourism opportunity for Britain’. (Extract B)

Assess the likely impact of the depreciation of the pound on the UK tourism industry.

The low wages and poor working conditions of staff in the London hotel industry are entirely due to the factors influencing the demand and supply of labour.

Assess the accuracy of this statement.

Evaluate the impact of rising inflation on UK-based firms such as Britvic.

Madagascar specialises in the production of primary commodities such as nickel and vanilla.

Evaluate the impact of specialisation as a source of economic growth for developing economies such as Madagascar.