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2.6 The international economy (A-level only)

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Question 49

Globalisation can significantly increase the contestability of domestic oligopoly markets. Which of the following features of globalisation is most likely to increase contestability by directly lowering the barriers to entry and exit faced by foreign firms?

A

The widespread adoption of containerisation and the expansion of global digital communication networks

B

The proliferation of bilateral preferential trade agreements that exclude major developing nations

C

The convergence of nominal interest rates across international capital markets

D

An increase in the share of global GDP accounted for by primary sector industries

Markscheme

2.6 The international economy (A-level only) Questions

  1. A Level
  2. /Economics
  3. /2.6 The international economy (A-level only)

310 exam-style questions on AQA A Level Economics 2.6 The international economy (A-level only), covering 2.6.1 Globalisation, 2.6.2 Trade, 2.6.3 The balance of payments, 2.6.4 Exchange rate systems, and 2.6.5 Economic growth and development. Each one has a worked solution and a mark scheme showing where the marks go.

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