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Exam Question: Discuss the impact of improving terms of trade (TOT) on employment (12 marks).
This is a complete model answer to the above question, which is typically covered in the second year of taking A-level Economics.
This resource also includes appropriate diagrams to support the answer and is a great way for students to use it either to familiarise themselves with answering exam questions or review it during revision/to compare against their answers.
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