Commerce Model Paper

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  • Topic: General Certificate of Secondary Education, Economy
  • Pages : 21 (5503 words )
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  • Published : December 19, 2012
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GCE Ordinary Level

MARK SCHEME for the May/June 2012 question paper for the guidance of teachers

7100/22 Paper 2 (Written), maximum raw mark 80

This mark scheme is published as an aid to teachers and candidates, to indicate the requirements of the examination. It shows the basis on which Examiners were instructed to award marks. It does not indicate the details of the discussions that took place at an Examiners’ meeting before marking began, which would have considered the acceptability of alternative answers. Mark schemes must be read in conjunction with the question papers and the report on the examination.

• Cambridge will not enter into discussions or correspondence in connection with these mark schemes.

Cambridge is publishing the mark schemes for the May/June 2012 question papers for most IGCSE, GCE Advanced Level and Advanced Subsidiary Level syllabuses and some Ordinary Level syllabuses.

Page 2 1

Mark Scheme: Teachers’ version GCE O LEVEL – May/June 2012

Syllabus 7100

Paper 22

(a) Any three points × 1 mark each: • • • • changing raw materials into finished goods by manufacturing/processing may also include construction e.g. building accept valid example of a secondary industry. [3]

Any other relevant point. Preparing for sale = 0 marks. (b) One mark each: (i) primary (ii) tertiary (c) (i) 60% (ii)

[1] [1] [1] [2]

60 × 80 (1 mark) = $48bn (1 mark) 100

OFR applies for both calculations. Award full marks if correct answers are given without working. (d) Any two reasons × 3 marks or three reasons explained × 2 marks each or six points × 1 mark each: • • • • • • • Country A more involved in primary industry and Country B more involved in tertiary industry Country A may be rich in raw materials and Country B has few raw materials Country A does not use all the raw materials it produces in its secondary industry and so will dispose of the surplus Country A may have a developed farming industry because of climate Country B has a greater service industry e.g. banking, insurance than Country A Country B may be more developed than Country A. It may be offering its services to countries such as Country A The population of Country B may be better educated with more employment being offered in the tertiary sector. [6]

Any other relevant point.

© University of Cambridge International Examinations 2012

Page 3

Mark Scheme: Teachers’ version GCE O LEVEL – May/June 2012

Syllabus 7100

Paper 22

(e) Level 2 (4–6 marks) Has discussed whether or not Country A and Country B are involved in international trade and has used the figures in Fig. 1 to support a reasoned opinion. (If a candidate has discussed only one of the two countries award 4 marks max.) It is likely that both Country A and Country B are involved in international trade. Country A’s output is mainly from primary industry – obtaining or extracting natural resources from the earth such as raw materials, fuel, minerals and food. These resources need manufacturing or processing into finished goods but Country A does not seem to use all its primary resources in its secondary industry as output from secondary industry is only 20% of the total. It is probably using the income from its primary industries to buy finished goods so it is exporting primary products and importing finished goods. It may also be using invisible imports from other countries such as transport services, banking and insurance as it is unable to provide these itself. On the other hand Country B does not seem to have large-scale primary industry. It may not have many natural resources or it may be too expensive to develop them. It is probably importing from countries such as Country A that have a surplus, using them in its secondary industry and then exporting finished goods to worldwide markets or country A. Its tertiary sector is the most important contributor to output. Its...
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