Summary A-Level Edexcel Economics A Case Study for Macroeconomics
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Course
Unit 4 - A global perspective
Institution
PEARSON (PEARSON)
Case study of Argentinian Economy for Pearson Edexcel Economics A Macroeconomics side, which can be used in essay answers, specifically when asked to "refer to a developing country of your choice". Suitable for both AS-Level and A-Level Economics students
Country Profile - Argentina
Created @May 7, 2024 9:44 AM
Tags
General Information:
Second-largest national economy in South America
Developing country with a highly literate population
Export-orientated agricultural sector and a diversified industrial base
Argentina benefits from rich natural resources
Income maldistribution and poverty have increased during period of
industrialisation (links to Kuznets Curve)
In December 2023, new Libertarian Prime Minister Javier Milei was appointed,
who is a supporter of laissez-faire economics
Sectors of Argentinian Economy:
Agricultural
One of the world’s major agricultural producers and exporters
Products such as beef, citrus fruit, grapes, honey, maize
Agriculture accounts for around 9% of GDP, and around 20% of exports
Processed food and feed accounts for another third of exports
Natural Resources
Mining of resources are growing industries in Argentina
Accounts for 4% of GDP
Metals and minerals mined: Borate, Copper, Lead, Magnesium, Sulphur,
Tungsten
Country Profile - Argentina 1
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