What Is the Pattern of Trade?
What Is the Pattern of Trade?
The pattern of trade is which goods and services a country trades and the countries it trades them with. It includes both the composition of trade, such as oil, manufactured goods or services, and the geographical direction of trade.
Step-by-step lessons covering Edexcel A A Level Economics 4.1.3 Pattern of trade 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.