(a)[2]
Explain what purchasing power parity (PPP) means.
(b)[4]
Explain, with the help of a diagram, the likely effect of the BRI on both Pakistan’s potential economic growth and actual economic growth.
(c)[6]
Consider, with reference to Table 1.1, how the standard of living in Pakistan and China changed between 2014 and 2018.
(d)[8]
Evaluate, using the article, the likely impact of the BRI on the economies of Pakistan and China in the long run.