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Economics B · Edexcel 9EB0 · Paper 2: Competing in the global economy · November 2020

Edexcel A Level Economics B Paper 2: Competing in the global economy November 2020 question paper 9EB0/02

2h 100 marks

Practise the past exam questions by topic

Edexcel 9EB0 · Paper 2

3 questions
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Question 1

(a)

Using the information in Extract C, calculate the index for UK butter prices in July 2018. You are advised to show your working.

(4)

(b)

Using Extract A, explain one impact on competitors of the proposed merger between Sainsbury’s and ASDA.

(4)

(c)

With reference to Extract B, explain one likely reason for the change in market share of the discount supermarkets.

(4)

(d)

Using Extract C, analyse how an increase in cost-push inflation may affect economic growth.

(6)

(e)

With reference to Extract B, discuss the impact of falling real wages on the UK supermarket sector.

(8)

(f)

Using the extracts, assess the likely impact on consumers and suppliers of the increased market power of supermarkets.

(10)

(g)

Assess the impact of food price inflation on UK living standards.

(12)

(h)

With reference to Extract A, assess the likely problems for Sainsbury’s and Asda of their proposed merger.

(12)

Question 2

With reference to Extract D, evaluate the extent to which being a member of a trade bloc promotes economic growth.

(20)

Answer
Mark scheme for question 2

Question 3

Using Extracts E and F, evaluate the extent to which fiscal policy could be used to reduce inequality in the UK.

(20)

Answer
Mark scheme for question 3

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