Paper 2 question on import substitution, aid, balance of payments and exchange rates
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. This Paper 2-style question covers import substitution, aid, balance of payments and exchange rates. Questions Answers Malawi’s economy continues to struggle with sluggish economic growth, with GDP growth at 1.9%, half the African continent's growth rate of...