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2.6 The international economy (A-level only)

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Question 125

Regional integration often progresses through distinct stages, with some trading blocs choosing to transition from a Free Trade Area (FTA) to a Customs Union.

Explain the key features of a customs union and analyze how these features, particularly the establishment of a Common External Tariff (CET), distinguish it from a Free Trade Area (FTA). Support your explanation with real-world examples, such as the Southern African Customs Union (SACU) or MERCOSUR.

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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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