Question
Article : Carmakers seek further extension of SST exemption (https://www.theedgemarkets.com/article/carmakers-seek-further-extension-sst-exemption) 1. Discuss the main reasons for seeking extension of SST exemption (20 marks) 2. Explain
Article : Carmakers seek further extension of SST exemption (https://www.theedgemarkets.com/article/carmakers-seek-further-extension-sst-exemption) 1. Discuss the main reasons for seeking extension of SST exemption (20 marks) 2. Explain the current situation in the car industry using conventional microeconomic theory (30 marks) 3. Discuss the effects of SST on the market for cars using conventional microeconomic theory (20 marks) 4. Assess how global supply chain issues might affect the local car industry (Hint: Additional references can be gathered from this video link: https://www.youtube.com/watch? v=1KtTAb9Tl6E) (30 marks
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