UNIVERSITY OF CAMBRIDGE INTERNATIONAL EXAMINATIONS
GCE Advanced Subsidiary Level and GCE Advanced Level
MARK SCHEME for the May/June 2008 question paper
Paper 2 (Data Response and Essay – Core),
maximum raw mark 40
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.
All Examiners are instructed that alternative correct answers and unexpected approaches in
candidates’ scripts must be given marks that fairly reflect the relevant knowledge and skills
Mark schemes must be read in conjunction with the question papers and the report on the
CIE will not enter into discussions or correspondence in connection with these mark schemes.
CIE is publishing the mark schemes for the May/June 2008 question papers for most IGCSE, GCE
Advanced Level and Advanced Subsidiary Level syllabuses and some Ordinary Level syllabuses.
GCE A/AS LEVEL – May/June 2008
© UCLES 2008
(a) Identify from Fig.1 the greatest monthly appreciation of the Kwacha.
(i) In which month did this take place?
(ii) By how much did it appreciate?
20–25% or 900–1100 Kwacha
(b) Explain what Fig.1 suggests about the type of exchange rate system used by
Floating/free (1), meaning of floating (1), fluctuations in rate (1)
(c) Explain how the change in the value of the Kwacha between September 2005 and
January 2006 might have been influenced by
(i) the improved export performance and
Buyers use foreign currency to pay for exports (1), more demand for Kwachas (1),
pushes up price (1), diagram (1), up to 3 marks
(ii) the reduction in foreign debt.