What students need to learn:
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Content
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Students should be able to:
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Additional Guidance Notes
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Measures of competitiveness
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Consider measures of competitiveness.
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For example: relative unit labour costs and relative export prices.
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Factors influencing
competitiveness
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Consider factors influencing a country’s competitiveness.
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For example: exchange rate; productivity; wage and non-wage costs;
regulation.
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Government policy
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Examine government policy to increase international competitiveness.
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For example: measures to improve education and training; incentives
for investment; deregulation.
Students might examine case studies of particular industries to see
how they compete for example: cars; textiles.
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