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Economics B · Edexcel 9EB0 · Paper 3: The economic environment and business · June 2018

Edexcel A Level Economics B Paper 3: The economic environment and business June 2018 question paper 9EB0/03

2h 100 marks

Materials

Practise the past exam questions by topic

Edexcel 9EB0 · Paper 3

2 questions
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Question 1

(a)

Using Extract A, discuss the use of HDI as an indicator of growth.

(8)

(b)

Assess the importance of transport and communication to the increase in globalisation over the last 50 years.

(10)

(c)

Assess the impact of demographic change on the global labour force.

(12)

(d)

Evaluate the implications of the growing economic power of emerging markets for individuals and firms.

(20)

Question 2

The European Union (EU) imposes a tariff of 14% on bicycles entering the EU from outside Europe. (Extract F)

(a)

Using a suitable diagram, discuss the impact of this tariff on sales of Indian bicycles imported into the EU.

(8)

(b)

Assess the benefits of market segmentation for the global bicycle manufacturer Avocet.

(10)

(c)

Assess Hero Cycles ’ decision to open its Global Design Centre in Manchester.

(12)

(d)

Evaluate the extent to which Hero Cycles should adapt its marketing strategy for global markets.

(20)

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