7.0 Imagine that you are the economic advisor of country 2 which can produce only two products rice and wheat. Country 2 wants to adopt the free market economic system. Using the given scenario explain in detail what is a free market economic system. (3 marks) 7.1 Recently, the citizens of country Z have been complaining about the increasing price of rice in country 2. Discuss briey all the different ways country 2 can tackle and manage the problem of increasing price of rice. No need to draw and use a diagram in your answer. [3 marks} 7.2 One day you are travelling in a car across country Z and you note that there are many empty houses in country Z. From this observation, what can you understand and predict about the housing market of country 2. [2 marks}