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s er UNIVERSITY OF CAMBRIDGE INTERNATIONAL EXAMINATIONS
General Certificate of Education
Advanced Level
9708/43
ECONOMICS
Paper 4 Data Response and Essay (Supplement)
May/June 2011
2 hours 15 minutes
Additional Materials:
Answer Booklet/Paper
* 0 4 1 8 9 1 9 9 5 0 *
READ THESE INSTRUCTIONS FIRST
If you have been given an Answer Booklet, follow the instructions on the front cover of the Booklet.
Write your Centre number, candidate number and name on all the work you hand in.
Write in dark blue or black pen.
You may use a soft pencil for any diagrams, graphs or rough working.
Do not use staples, paper clips, highlighters, glue or correction fluid.
Section A
Answer Question 1.
Section B
Answer any two questions.
You may answer with reference to your own economy or other economies that you have studied where relevant to the question.
At the end of the examination, fasten all your work securely together.
The number of marks is given in brackets [ ] at the end of each question or part question.
This document consists of 4 printed pages.
DC (LEO) 43141
© UCLES 2011
[Turn over
2
Section A
Answer this question.
1
Emerging economies and the way out of a recession
During the recession of 2009 several economists forecast that some emerging (fast developing) economies would perform better than the developed economies. One indicator of this, they said, was the strength of the exchange rate of the currency of some emerging economies against the
US dollar. For example, between November 2008 and July 2009, the Brazilian currency rose 11.4% against the dollar and the Indonesian currency rose 10.2%. Another indicator was the forecast growth rate in GDP as shown in Table 1.
Table 1: Forecast growth rate in GDP for selected countries
Forecast Growth Rate in GDP
2009 %
2010 %
US
–2.7
+1.4
UK
–3.5
+0.3
Germany
–4.3
+0.3
Japan
–6.5
w ap eP
m
e tr .X
w om .c
s er UNIVERSITY OF CAMBRIDGE INTERNATIONAL EXAMINATIONS
General Certificate of Education
Advanced Level
9708/43
ECONOMICS
Paper 4 Data Response and Essay (Supplement)
May/June 2011
2 hours 15 minutes
Additional Materials:
Answer Booklet/Paper
* 0 4 1 8 9 1 9 9 5 0 *
READ THESE INSTRUCTIONS FIRST
If you have been given an Answer Booklet, follow the instructions on the front cover of the Booklet.
Write your Centre number, candidate number and name on all the work you hand in.
Write in dark blue or black pen.
You may use a soft pencil for any diagrams, graphs or rough working.
Do not use staples, paper clips, highlighters, glue or correction fluid.
Section A
Answer Question 1.
Section B
Answer any two questions.
You may answer with reference to your own economy or other economies that you have studied where relevant to the question.
At the end of the examination, fasten all your work securely together.
The number of marks is given in brackets [ ] at the end of each question or part question.
This document consists of 4 printed pages.
DC (LEO) 43141
© UCLES 2011
[Turn over
2
Section A
Answer this question.
1
Emerging economies and the way out of a recession
During the recession of 2009 several economists forecast that some emerging (fast developing) economies would perform better than the developed economies. One indicator of this, they said, was the strength of the exchange rate of the currency of some emerging economies against the
US dollar. For example, between November 2008 and July 2009, the Brazilian currency rose 11.4% against the dollar and the Indonesian currency rose 10.2%. Another indicator was the forecast growth rate in GDP as shown in Table 1.
Table 1: Forecast growth rate in GDP for selected countries
Forecast Growth Rate in GDP
2009 %
2010 %
US
–2.7
+1.4
UK
–3.5
+0.3
Germany
–4.3
+0.3
Japan
–6.5