Edexcel A-Level Economics A2 4.3.3 3a Measures of International Competitiveness Competitiveness Relative Productivity Questions

Practise interpreting how relative labour productivity changes unit labour costs, export prices and international competitiveness using Edexcel IAL Economics questions and mark schemes.

Exam points

infer that higher relative labour productivity lowers relative unit labour costs and improves competitiveness
link increases or decreases in labour productivity to corresponding falls or rises in export prices

[Maximum number: 1]

Which one of the following combinations is the most likely impact of an increase in labour productivity?

Unit labour costs

Export prices

Fall

Rise

Fall

Rise

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Edexcel A-Level Economics A2 4.3.3 3a Measures of International Competitiveness Competitiveness Relative Productivity Questions question 1