Edexcel A Level Economics B Paper 2: Competing in the global economy November 2021 question paper 9EB0/02

Using the data from Extract C, calculate, to two decimal places, the mean rate of unemployment in Scotland between 2008 and 2018.

In August 2018, the seasonally adjusted claimant count for Scotland was 2.7%.

With reference to Extract C, explain one reason why the claimant count may be different to the International Labour Organisation (ILO) measure of unemployment in Scotland.

Explain one external cost caused by mass tourism to the city of Edinburgh.

With reference to Extract B, analyse the impact of the tourism industry on two components of aggregate demand (AD) in Scotland.

Discuss the likely impact of the Transient Visitor Levy (TVL) on tourism in Edinburgh.

With reference to Extract D, assess the likely impact of foreign-owned firms on the circular flow of income in Scotland.

Assess the likely impact of the falling rate of unemployment between 2010–2018 on firms in Scotland.

GDP per capita in Scotland increased from £23 720 in 2008 to £29 800 in 2018.

Assess whether this increase in GDP per capita is likely to improve living standards for everyone in Scotland.

Evaluate the impact of FDI on a developed economy such as the UK.

Evaluate the likely conflicts between stakeholder objectives as a result of the growth in this market.