(a)[2]
Suggest two steps that a country might take to make its economy more open to freer international trade.
(b)
- Explain why Japan and China have different comparative advantages. [4]
- Compare the importance of international trade to the two countries. [4]
(c)[4]
Comment on the inflation figures in the two countries.
(d)[6]
Discuss whether China creates an economic threat or an opportunity for Japan.