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IB Economics
www.tutor2u.com
African Slowdown Worksheet
Using
either
the
recent
blog
entry
‘African
Slowdown’
(http://www.tutor2u.net/blog/index.php/ib-diploma/comments/african-slowd/#extended
or the original BBC article (http://news.bbc.co.uk/1/hi/business/7931372.stm) answer the
following questions.
You will find some answers in the text for other questions your own economic knowledge
will be required:
1. Using a numerical example explain the relationship between economic growth rates,
population growth rates and change in output per person.
2. State two reasons why Africa has not been directly hit by the global credit crisis
3. Using an AD/AS diagram explain how falling demand for exported commodities could
affect the Africa’s economy.
4. Why are remittances to Africa likely to fall this year? What are the likely economic
impacts for Africa of this fall?
5. Why is FDI into Africa set to fall this year?
6. What is the potential impact of a fall in FDI on the African economy? Use an AD/AS
diagram
You may also like to try this short answer question from 2005:
Explain how overdependence on primary products may act as a barrier to economic
development.
IB Economics
www.tutor2u.com
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