Economics 9708 · AS & A Level · Trade unions

Trade unions — practice question

(a)[3]

Identify the trends in demand for the different uses of palm oil shown in Fig. 1.1.

(b)[4]

Analyse why developing countries which produce palm oil see it as a way of reducing poverty.

(c)[5]

Explain how the European Parliament's proposed 2021 change in fiscal policy on biodiesel could affect the economies of palm oil producing countries such as Malaysia and Indonesia.

(d)[8]

To what extent do you agree with the IMF's advice to encourage Indonesia to expand its production of palm oil?

Worked solution & mark scheme

This 20-mark question has a full step-by-step worked solution and mark scheme. One marking point: Demand for biodiesel increases across all the years shown

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