Questions on competitiveness

Questions on competitiveness


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:
  • Competitiveness
  • Inflation
  • Employment

Question 2

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