Question 1

  1. What factors help determine a country’s competitiveness?

  2. During the last 12 months the value of Sterling has risen against the US Dollar. Examine the likely affects of this on UK:

  1. Competitiveness

  2. Inflation

  3. Employment

  1. “Investment is the key to improving a country’s competitiveness in the long run.” To what extent do you agree with this assertion?