Unit 4: Developments in the global economy · WEC14/01

Edexcel International A-level Unit 4, June 2025

All 8 written questions and 6 multiple choice questions from Edexcel International A-level Unit 4 (June 2025), Developments in the global economy. Case studies: The global economy. Each question shows its marks and topic, and opens the question paper and mark scheme at the right page.

Question paperMark schemeExaminer report

Section A

Q11 mark
Which one of the following is likely to have caused the increase in India's economic development?
  1. AAn increase in the proportion of people with access to the internet per thousand of population
  2. BA decrease in the proportion of people with access to mobile phones per thousand of population
  3. CAn increase in terrorism and civil wars
  4. DA decrease in life expectancy at birth
Show the answer

The answer is A.

TopicEmerging and developing economies

Question paper p.2Mark scheme p.4Open in the tool
Q31 mark
Ceteris paribus, which one of the following can be deduced from this statement?
  1. AAverage export prices of Romanian goods and services increased relative to the average export prices of its trading partners
  2. BUnit labour costs in Romania decreased relative to the average unit labour costs of its trading partners
  3. CRomania's goods and services became less internationally competitive relative to its trading partners
  4. DRomania experienced an improvement in its terms of trade
Show the answer

The answer is B.

TopicInternational trade, protectionism and trading blocs

Question paper p.3Mark scheme p.4Open in the tool
Q41 mark
4 In each of the diagrams the original equilibrium is represented by P1 and Y1. Average Average price SRAS1 price level SRAS2 level SRAS1 SRAS2 P1 P1
  1. ABP2 AD2 P2 AD1 AD1 AD2 O Y1 Y2 Real O Y1 Y2 Real output output Average Average price price SRAS2 level SRAS1 level SRAS2 P2 P2 SRAS1 C P1 D AD1 P1 AD2 AD2 AD1 O Y2 Y1 Real O Y2 Y1 Real output output Which one of these aggregate demand (AD) and short-run aggregate supply (SRAS) diagrams represents the most likely effect of a substantial currency depreciation? A
  2. B
  3. C
  4. D
Show the answer

The answer is D.

TopicThe balance of payments and exchange rates

Question paper p.4Mark scheme p.4Open in the toolPractise the AD/AS diagram
Q61 mark
Which one of the following can be deduced from this chart?
  1. AUruguay's Lorenz curve shifted closer to the line of perfect equality
  2. BUruguay experienced perfect income inequality
  3. CUruguay's Lorenz curve shifted away from the line of perfect equality
  4. DIncome inequality in Uruguay decreased by 1.3 percentage points
Show the answer

The answer is C.

TopicPoverty and inequality

Question paper p.5Mark scheme p.5Open in the tool

Section B

Case study

The global economy

Extracts: Figure 1: World exports, % of world Gross Domestic Product (GDP), 1980-2020 · Figure 2: Destination of exports from China, % of total exports, January 2010 to · Extract A: Globalisation · Figure 1: adapted from: World Bank, https://data.worldbank.org/indicator/NE.EXP.GNFS.ZS?end=2022&start=1973&view=chart · Figure 2: and Extract A adapted from: https://www.ft.com/content/e167eca5-e1e7-4927-abb5-d87dfb699cf3

In the extracts: Regional Comprehensive Economic Partnership, Gross Domestic Product, European Union, Trade Organization, USA, GDP, RCEP, FDI, WTO, China's

Section C

Question text is quoted from the question papers, © Pearson Edexcel, for students’ private study. Open the official papers and mark schemes from the links on each question. Examiner insights are written with AI assistance and moderated by Finn.