Since the turn of the millennium, cross-border digital data flows have increased more than a hundredfold, while trade in high-value services has consistently outpaced the growth of physical merchandise trade.
Evaluate the extent to which technological advancements have been a more significant driver of modern globalisation than political and trade liberalisation policies.
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.