In recent years, geopolitical tensions and supply chain regionalisation have led to a significant rise in non-tariff barriers, bilateral tariffs, and local content requirements across global markets.
Evaluate the likely economic effects of a rise in trade protectionism on a developing country of your choice.
103 exam-style questions on Edexcel A A Level Economics 4.1 International economics, covering 4.1.1 Globalisation, 4.1.2 Specialisation and trade, 4.1.3 Pattern of trade, 4.1.4 Terms of trade, 4.1.5 Trading blocs and the World Trade Organisation (WTO), 4.1.6 Restrictions on free trade, 4.1.7 Balance of payments, 4.1.8 Exchange rates, and 4.1.9 International competitiveness. Each one has a worked solution and a mark scheme showing where the marks go.