4.3.6.2a - impact of economic factors in different countries: growth and • volatility of commodity

The impact of economic factors in different countries: growth and; volatility of commodity prices development; primary product dependency (the Prebisch-Singer hypothesis); savings gap (the Harrod-Domar model); foreign currency gap; capital flight; demographic factors (size and age distribution of population; migration); debt (household and overseas); access to credit and banking; infrastructure; education and skills.

Use a - impact of economic factors in different countries: growth and • volatility of commodity to connect the rule to the data and decision in the question.

This matters because a - impact of economic factors in different countries: growth and • volatility of commodity determines what can be inferred or chosen; begin with the stated conditions and keep the conclusion tied to the evidence.

Example: apply a - impact of economic factors in different countries: growth and • volatility of commodity to one small, clearly defined case, show the key step or comparison, and explain the result in words.

Boundary: a - impact of economic factors in different countries: growth and • volatility of commodity is not a universal recommendation. Check the syllabus scope, assumptions, units and the limits of the evidence before generalising.