Paper 3 question on balance of payments, exchange rates and monetary policy
IB Economics Paper 3 includes two compulsory questions. This is a sample Paper 3 question. The time allowed for Paper 3 is 105 minutes, so students should spend 52.5 minutes on each question. This Paper 3-style question is on the balance of payments, exchange rates, and monetary policy. Questions The Philippine current account deficit widened to more than 4% of GDP last month, driven mainly by a visible goods...