- This is a comentary based on extracts of a published news media, apply economic theory in real-world situations
- It is on the Global Economy section of the economics syllabus
- The key concept of this commentary is interdependence (in the commentary, refer to the key concept and its other forms regularly e.g. dependency, interdependent etc. regularly and bold them as shown)
- Demonstrate in each reference how the key concet is linked to the article
- Demonstrate an understanding of the key concept and explain how the key concept impacts the different stakeholders
- Use direct quotes from the article provided in “IA3 News”
- References to the textbook and the article itself do not require citation; if other resources are used, please reference it with MLA9
- Relevant sections of the economics textbook is included in “IA3 Reference Material” document; refer back to the original textbook for further guidance – DO NOT use economics theories that are not taught in the textbook
- Sample commentaries are attached, please follow the structrure of “Sample Comentary”; more examples can be found in “IA3 Reference Material”
- The first 249 words of the commentary is written in “IA3 Draft”, please continue from there
Content:
- From Paragraph 4 onwards, evaluate the effects and consequnces of: the alleged export subsidy, the Chinese tarrif on wind turbine if the EU choose to impose one and possible retaliation from China
- Follow the following strategy in the analysis: stakeholder impact, advantages & disadvantages, long run and short run considerations
- Refer to the “IA3 Reference Material” and textbook to write fully explained chains of reasoning
- A conclusion is not conpulsory if it does not add to the evaluation