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IB Economics HL 2.8.6 Evaluating Policy Responses Questions

Practise IB Economics HL 2.8.6 by evaluating taxes, regulation, permits, subsidies and provision for externalities, resource problems and sustainability, with marked exam evidence.

Syllabus
First assessment 2022
Course
Economics HL
Level
HL

Exam points

  • Evaluate carbon taxes, indirect taxes, regulation and tradable permits as responses to negative externalities.
  • Evaluate subsidies and government provision as responses to positive externalities, clean technology and merit goods.
  • Evaluate government and collective responses to common pool resource depletion and sustainability threats.
  • Use diagrams, real-world examples, stakeholder consequences and evaluation criteria to judge policy effectiveness.

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