Market failure, equality, trade and development (HL and SL)

IB Economics: Market failure, equality, trade and development (HL and SL)

This case study on development can be completed as a homework or class work exercise and should be completed in around 105 minutes. It is based on a paper two examination question using the new syllabus. The maximum mark for this paper is 40.Read the extracts and answer the questions that follow. Question paper MarkschemeText A - Overview of the economyAngola is a country rich in mineral and petroleum reserves. Its...

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