DP Economics
Question 20N.3.HL.TZ0.3c
| Date | November 2020 | Marks available | [Maximum mark: 4] | Reference code | 20N.3.HL.TZ0.3c |
| Level | HL | Paper | 3 | Time zone | TZ0 |
| Command term | Explain | Question number | c | Adapted from | N/A |
c.
[Maximum mark: 4]
20N.3.HL.TZ0.3c
Figure 5 illustrates the year-on-year changes in Mexico’s spending on imports of goods and services between 2008 and 2017.
[Source: The World Bank 2019: World Development Indicators Licenced under CC BY 4.0
https://creativecommons.org/licenses/by/4.0/.]
(c)
Explain two factors that may cause the Mexican peso to appreciate against the US dollar in the future without any official intervention.
[4]
Markscheme
Examiners report
Some responses did not fully consider the factors that would actually cause an appreciation of the peso, but instead simply outlined that exports might have increased. To reach level 2, candidates should analyse a factor that would increase exports.
