Wednesday 30 January 2013 - Afternoon: A2 Gce Economics
Wednesday 30 January 2013 - Afternoon: A2 Gce Economics
A2 GCE ECONOMICS
F585/01 The Global Economy
* F 5 3 0 1 2 0 6 1 3 *
* F 5 8 5 0 1 *
INSTRUCTIONS TO CANDIDATES
• Refer to the Stimulus Material in a separate booklet. You must not bring your original copy
into the examination.
• Write your name, centre number and candidate number in the boxes above. Please write
clearly and in capital letters.
• Use black ink. HB pencil may be used for graphs and diagrams only.
• Answer all the questions.
• Read each question carefully. Make sure you know what you have to do before starting
your answer.
• Write your answer to each question in the space provided. If additional space is required,
you should use the lined pages at the end of this booklet. The question number(s) must be
clearly shown.
• Do not write in the bar codes.
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(b) Argentina had used a fixed exchange rate system prior to its economic crisis in 2001.
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(b) Argentina’s ‘zero deficit law’ and the European Union’s (EU) Stability and Growth Pact are
examples of fiscal rules.
Analyse two reasons why fiscal rules may be important in promoting economic stability.
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ADDITIONAL ANSWER SPACE
If additional answer space is required, you should use the following lined pages. The question number(s)
must be clearly shown in the margins.
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