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Business Studies IGCSEPDF 205

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PDF 205

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0450/11 Cambridge |GCSE — Mark Scheme PUBLISHED May/June 2025 Question Answer Marks: 2(a) Identify one way each of the following changes in country X’s exchange rate might affect businesses which import materials. Award 1 mark for each way (max 2). Points might include: * Depreciation: Imports dearer/more expensive « Appreciation: Imports cheaper 2 Only award the first two responses given. Do not award answers about the effect on exports. 2(b) Identify two reasons why consumer spending patterns might change. Award 1 mark for each reason (max 2). Points might include changes in: e Price of product « Price of competitors products/increased competition . eainan agestunemploymentibusiness cycle or Popuaon size/structure/life stage of consumers Taste/fashion/preferences Advertising/promotion Technology Taxation Interest rates Exchange rates Weather/season Other appropriate responses should be credited. Only award the first two responses given. 0450/11 Cambridge IGCSE — Mark Scheme PUBLISHED May/June 2025 Question Answer Marks Guidance 4(b) Identify two reasons for globalisation. Award 1 mark for each reason (max 2). Points might include: Free trade agreements / economic trading blocs / reduction in trade barriers « — Improved/cheaper transport/travel links Improved communication networks/technology « Emerging/new markets are quickly expanding/rapid economic growth/rising income « Governments allow companies from other countries to set up operations in own country Other appropriate responses should be credited. 2 Only award the first two responses given.