Mark scheme Q4 unit 4 (unit 4.6)
This exam-style question was written by me for the new syllabus, taking into consideration the guidance received during the recent economics up-skilling workshop. Section B questions now require candidates to explicitly apply their response to a real-world situation.4. (a) Explain how a nation might reduce a current account deficit using expenditure switching policies and expenditure reducing policies. [10 marks]