What Is International Competitiveness?
What Is International Competitiveness?
International competitiveness is the ability of a country to sell its goods and services in home and world markets relative to rival economies. It is always comparative, so performance must be judged against trading partners.
Step-by-step lessons covering Edexcel A A Level Economics 4.1.9 International competitiveness for A Level Economics. Each lesson works through exam-style questions in Paper 1, Paper 2 and Paper 3 format. Start with the core supply-and-demand models before moving on to the more evaluation-heavy macroeconomic policy topics.