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Economics Past Questions

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3761

(a) Define mobility of labour.
(b) Describe any four factors influencing the supply of labour. 

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3762

(a) What is international trade? 
(b) Explain any four advantages of international trade. 

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3763

(a) Outline any five reasons why small scale firms are common in West Africa. 
 

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3764

(a) Explain with examples the terms competitive demand and complementary demand. 
(b) With the aid of diagrams, analyse the effect of a decrease in the import duty on cars on the price and consumption of petrol. 

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3765

(a)What is the demographic transition theory?
(b) Explain the three stages of the theory. 

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