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Paper 2 question on trade, tariffs, PES and economic well-being

IB Economics Paper 2 includes two questions, and students need to choose one. This is a sample Paper 2 question. The time allowed for Paper 2 is 105 minutes, so students should spend 105 minutes on this question. This Paper 2 style question is on tariffs, inflation, PES and economic well-being. Questions Answers President Trump announced a blanket 25% tariff on imported steel and aluminium from all countries. The...

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