Here's what a star student thought of this essay
Quality of writing
The structure of this essay is good, with there being a clear introduction and conclusion. The introduction lays out what should normally happen, which shows a strong awareness. I liked how the conclusion drawer upon the significance of weak export performance, even if this wasn't explicitly asked for in the question. Spelling, punctuation and grammar are strong, and technical terms are used confidently.
Level of analysis
The analysis present in this essay is sound, discussing why a recession will cause exports to decrease (and thus aggregate demand). There is good awareness that UK exports are reliant on global demand, thus a prosperous economy within the economy can still mean weak export levels. But, as mentioned above I feel there needed to be some analysis of how a depreciation should normally cause exports to increase. This could be done with some numerical analysis, looking at how exports will be come cheaper to foreign countries. This would've then led nicely to some evaluation saying that this depends on the currency exchange globally - if the UK depreciates, but other countries depreciate further, then there will be little effect. I liked the discussion of profitability, as this shows a strong awareness of firms' goals and the effect microeconomic decisions can have on the macroeconomy. Showing such skills will gain credit! If I was doing this essay, I would've explored whether UK exports are of high enough quality as another evaluative point.
Response to question
This essay engages with the question at a good level, looking at why current external factors have an effect on exports. However, if I were doing this essay, I would've analysed why a depreciation of a currency would be expected to increase exports. There is suitable evaluation here, but a lack of analysis. Numerical analysis, such as looking at changing exchange rates would've been sufficient. I say this, as in my experience examiners cannot give you evaluation marks if there is no analysis to provide the foundations. Therefore, this essay risks getting low marks despite perceptive comments.