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

Practise interpreting productivity, unit labour cost and export price data to judge changes in international competitiveness.

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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