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Edexcel A-Level Economics A2 3.3.5 1d Measures to Protect Suppliers and Employees Local Sourcing of Raw Materials and Questions

Evaluate measures protecting workers and suppliers, explaining their effects on pay, conditions and income with market examples, appropriate diagrams and a judgement of policy limits.

Syllabus
First assessment 2019
Course
Economics YEC11
Level
A2

Exam points

  • Explain how bargaining and controls on monopsony power can protect workers and suppliers
  • Analyse how employment regulation and wage protection affect workers' pay and conditions
  • Assess how nationalisation and public ownership objectives could protect employees
  • Explain how training and occupational mobility can improve workers' alternatives
  • Analyse how barriers to foreign entry can protect domestic suppliers and employment
  • Assess minimum price guarantees and Fairtrade schemes as measures to protect suppliers
  • Use cost and revenue analysis to explain how subsidies can support supplier profits
  • Develop policy analysis for both groups using a chosen product market and appropriate diagrams
  • Evaluate enforcement limits and unintended effects before judging protective measures

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