Pearson Edexcel Cenre Uer Cnte Uer Level 3 GCE Economics B
Write your name hereSurnameOther namesPearson EdexcelLevel 3 GCECentre NumberCandidate NumberEconomics BAdvancedPaper 3: The economic environmentand businessFriday 15 June 2018 – MorningTime: 2 hoursPaper Reference9EB0/03You must have:Insert (enclosed)Total MarksInstructionsblack ink or ball-point pen. UseFillinboxes at the top of this page with your name, centrethenumber and candidate number.all questions. Answerthe questions in the spaces provided A– nswerthere may be more space than you need.Informationtotal mark for this paper is 100. Thefor each question are shown in brackets – Theusemarksthis as a guide as to how much time to spend on each question.C alculatorsmay be used. Adviceeach question carefully before you start to answer it. Readto answer every question. Try Check your answers if you have time at the end.Turn overP52321A 2018 Pearson Education Ltd.1/1/1/1/1/1/1*P52321A0128*
Answer ALL questions.SECTION ARead the following extracts (A to D) and Figures 1, 2, 3 and 4 before answering Question 1.Write your answers in the spaces provided.Extract AHuman Development Index (HDI) of G20 .60.9160.8730.8910.7560.7270.907 .20.1ArgentAu inastraliBr aaCa zilnadCh ainFr aanGe cermanyInIn dido anesiaItalyRuJapassianMnFe exid cSa era oud tioniRe Sou Arapu th biabl Afic riof caKoUnrite Tu eadrK keUn ing yite dod mStates0(Source: adapted from 2012-2015 GOVERNMENT OF INDIA)Extract BHistory of containersIn 1955, Malcom P. McLean, a transport entrepreneur from the USA, bought a steamshipcompany with the idea of transporting entire truck trailers with their cargo still inside. Herealised it would be much simpler and quicker to have one container that could be liftedfrom a vehicle directly on to a ship without first having to unload its contents.5His idea was that efficiency could be vastly improved by using the same container,with different forms of transport during its journey. Containers could be moved easilybetween ships, trucks and trains. This would simplify the whole logistical process.Eventually, this idea led to a revolution in cargo transportation and international tradeover the next 50 years.10(Source: adapted from 2017 World Shipping Council)2*P52321A0228*
Extract CResponding to the challenges of an ageing populationFor the first time in human history, an ageing population could mean that the populationwill stop growing in most of the world. The European Commission expects that by 2060Germany’s population will shrink by one-fifth, and the number of people of workingage will fall from 54 million in 2010 to 36 million in 2060. China’s labour force peaked in2012, due to income-driven demographic trends. A smaller workforce will place a greateremphasis on productivity for driving growth and may cause us to rethink the economy’spotential.5Proportion of elderly is increasing0–14Global population by age group, %65 15–64Emerging economies4514Advanced 195020002050Figure 1Global life expectancy is increasing195047 years69 years201476 years2050AN AGEING WORKFORCEThe share of older workers (age 55 )will increase dramatically14%22%31%2010, Global2030, Global2030, ChinaFigure 2(Source: adapted from 1996-2017 McKinsey & Company)*P52321A0328*3Turn over
Extract DThe age of urbanisationThere has been a shift of economic activity to emerging markets such as China and tocities within those markets. These emerging markets are going through industrial andurban revolutions at the same time, shifting the centre of the world economy east andsouth at a speed never before witnessed.As recently as the year 2000, 95% of the Fortune Global 500 – the world’s largestinternational companies including Airbus, IBM, Nestlé, Shell and The Coca-Cola Companyto name but a few – had headquarters in developed economies. By 2025, China will behome to more large companies than either the United States or Europe. We expect nearlyhalf of the world’s largest companies – defined as those with revenue of 1bn or more –to have their headquarters in emerging markets.Perhaps equally important, the focus of economic activity is shifting within thesemarkets. The global urban population has been rising by an average of 65 million peopleannually during the past three decades, the equivalent of adding seven Chicagos a year,every year. Nearly half of global GDP growth between 2010 and 2025 will come from440 cities in emerging economies – 95% of them small- and medium-size cities thatmany Western executives may not even have heard of and could not point to on a map.For example, in 2010, we estimated that the GDP of Tianjin in China was around 130bn,making it equal to Stockholm, the capital of Sweden. By 2025, we estimate that the GDPof Tianjin will be around 625bn – equal to the GDP of Sweden.4*P52321A0428*5101520
Emerging economies are becomingmajor forcesBy 2025, emergingeconomies will growthan75% fasterdeveloped nationsEmerging economies are taking a larger shareof the world economy1/3today1/2by 2025Figure 3Growth of the urbanconsumer class150% increasein annual consumption inemerging markets, 2010 to 2030 30trillion 12trillion20102030620 millionpeople exited poverty in the last 20 yearsFigure 4(Source: adapted from 1996-2017 McKinsey & Company)*P52321A0528*5Turn over
1 (a) Using Extract A, discuss the use of HDI as an indicator of growth.(8). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .6*P52321A0628*
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .*P52321A0728*7Turn over
(b) Assess the importance of transport and communication to the increase inglobalisation over the last 50 years.(10). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Economics B Advanced . Pearson Edexcel Level 3 GCE P52321A 2018 Pearson Education Ltd. 1/1/1/1/1/1/1. 2 *P52321A0228* Answer ALL questions. SECTION A Read the following extracts (A to D) and Figures 1, 2, 3 and 4 before answering Question 1. . this idea led to a revolution in cargo transportation and
Cnte urne Oer ne To rks Cenre uer Cnte uer Please check the examination details below before entering your candidate information P66786A 2020 Pearson Education Ltd. 1/1/1/1/1/1/ You must have: Mathematical Formulae and Statistical Tables (Green), calculator Candidates may use any calculator allowed by Pearson regulations.
Cnte urne Oer ne To rks Cenre uer Cnte uer Please check the examination details below before entering your candidate information P66788A 2020 Pearson Education Ltd. 1/1/1/1/1/ You must have: Mathematical Formulae and Statistical Tables (Green), calculator Mathematics Advanced Paper 31: Statistics Afternoon Paper Reference 9MA0/31
Cenre uer Cnte uer Write our ne ere urne Oer ne To rks Per eerene Turn over P48956A *P48956A0128* 2017 Pearson Education Ltd. 1/1/1/1/1 Instructions Use black ink or ball-point pen. Fill in the boxes at the top of this page with your name, centre number and candidate number. Anwes r ONE question in Section A and ONE question in .
History Paper 1 Paper Reference KHI0/01 4HI0/01 Pearson Edexcel Level 1/Level 2 Certificate Pearson Edexcel International GCSE. 2 P44323A Contents Depth Studies Answer two questions. Answer a maximum of one question from each group. . International relations between the wars, 1919–39 Page 8
Cnte urne Oer ne To rks Pearson dexcel Cenre uer Cnte uer Level 3 C P62672A *P62672A0128* 2020 Pearson Education Ltd. 1/1/1/1/1/ Turn over Candidates may use any calculator permitted by Pearson regulations. Calculators must not have the facility for algebraic manipulation, differentiation and integration, or have retrievable mathematical
Pearson Edexcel International Advanced Level P61110A 2020 Pearson Education Ltd. 1/1/1/1/1/1/1. 2 *P61110A0236* SECTION A Answer BOTH questions in this section. Source material for Question 1 is on pages 2 and 3 of the Source Booklet. 1 (a) Calculate the net cash flow for each of the 5 years of the project.
Pearson Edexcel Level 3 GCE P52310A 2018 Pearson Education Ltd. 1/1/1/1/1/1/1/1/1. 2 *P52310A0228* Answer ALL questions. SECTION A Read the following extracts (A to D) before answering Question 1. . International) in 2010, while Rowntree was sold to Nestlé in 1988. In 2014, Ferrero Internat
Take-off Tests Answer key 2 Answer key 1 Fill in the gaps 1 open 6 switch 2 turn 7 clean 3 pull 8 remove 4 start 9 rotate 5 press 10 hold 2 Complete the sentences 1 must 2 must not 3 must 4 cannot/must 5 must not 6 must not 7 must not 8 can 9 must 3 Make full sentences 1 Electric tools are heavier than air tools. 2 Air tools are easier to handle than electric tools. 3 Air tools are cheaper .
