Write your name here
Surname Other names
Centre Number Candidate Number
Pearson Edexcel
Level 3 GCE
Economics B
Advanced Subsidiary
Paper 1: Markets, consumers and firms
Monday 16 May 2016 – Morning Paper Reference
Time: 1 hour 30 minutes 8EB0/01
You do not need any other materials. Total Marks
Instructions
• Use black ink or ball-point pen.
• Fill in the boxes at the top of this page with your name,
centre number and candidate number.
• Answer all questions in Sections A, B and C.
• Answer the questions in the spaces provided
– there may be more space than you need.
Information
• The
The total mark for this paper is 80.
• – usemarks for each question are shown in brackets
this as a guide as to how much time to spend on each question.
• Calculators may be used.
Advice
• Read each question carefully before you start to answer it.
• Try to answer every question.
• Check your answers if you have time at the end.
Turn over
P49596A
©2016 Pearson Education Ltd.
*P49596A0120*
1/1/1/1/1/1/1
, Answer ALL questions.
SECTION A
Read the following extracts (A, B, and C) before answering Question 1.
Write your answers in the spaces provided.
Extract A
2
*P49596A0220*
, Extract B
Canada’s Top Exports in 2014
Oil
Other 27%
34%
Vehicles
12%
Cereals Machines,
2% engines,
pumps
Aluminium
7%
2% Aircraft,
spacecraft
3%
Timber Plastics Electronic Gems,
3% 3% equipment precious
3% metals,
coins
4%
In 2014, global Canadian exports amounted to Canadian $594.3bn, up 22.8% since 2010.
Most of Canada’s exports have increased between 2010 and 2014. Cereals had the
highest increase in export sales of 57.3%, followed by timber at 49.4% and oil at 39.9%.
Only the export sales of electronic equipment, with a fall of 6.8%, and aluminium at 0.6%
declined over the period. 5
Canada’s unemployment rate fell from 7.1% in 2013 to 6.6% in 2014. It is likely that this
improvement was helped by increased exports.
(Source: adapted from http://www.worldstopexports.com/canadas-top-exports/2502, 19 February, 2015
Daniel Workman)
*P49596A0320*
3
Turn over
Surname Other names
Centre Number Candidate Number
Pearson Edexcel
Level 3 GCE
Economics B
Advanced Subsidiary
Paper 1: Markets, consumers and firms
Monday 16 May 2016 – Morning Paper Reference
Time: 1 hour 30 minutes 8EB0/01
You do not need any other materials. Total Marks
Instructions
• Use black ink or ball-point pen.
• Fill in the boxes at the top of this page with your name,
centre number and candidate number.
• Answer all questions in Sections A, B and C.
• Answer the questions in the spaces provided
– there may be more space than you need.
Information
• The
The total mark for this paper is 80.
• – usemarks for each question are shown in brackets
this as a guide as to how much time to spend on each question.
• Calculators may be used.
Advice
• Read each question carefully before you start to answer it.
• Try to answer every question.
• Check your answers if you have time at the end.
Turn over
P49596A
©2016 Pearson Education Ltd.
*P49596A0120*
1/1/1/1/1/1/1
, Answer ALL questions.
SECTION A
Read the following extracts (A, B, and C) before answering Question 1.
Write your answers in the spaces provided.
Extract A
2
*P49596A0220*
, Extract B
Canada’s Top Exports in 2014
Oil
Other 27%
34%
Vehicles
12%
Cereals Machines,
2% engines,
pumps
Aluminium
7%
2% Aircraft,
spacecraft
3%
Timber Plastics Electronic Gems,
3% 3% equipment precious
3% metals,
coins
4%
In 2014, global Canadian exports amounted to Canadian $594.3bn, up 22.8% since 2010.
Most of Canada’s exports have increased between 2010 and 2014. Cereals had the
highest increase in export sales of 57.3%, followed by timber at 49.4% and oil at 39.9%.
Only the export sales of electronic equipment, with a fall of 6.8%, and aluminium at 0.6%
declined over the period. 5
Canada’s unemployment rate fell from 7.1% in 2013 to 6.6% in 2014. It is likely that this
improvement was helped by increased exports.
(Source: adapted from http://www.worldstopexports.com/canadas-top-exports/2502, 19 February, 2015
Daniel Workman)
*P49596A0320*
3
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