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2.1 Growing the business

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Question 12

What is a likely benefit to businesses located inside a trade bloc?

[1]
A

All member countries must use identical prices

B

Businesses no longer face overseas competition

C

Trade between members may face fewer barriers

D

Every imported product becomes free of transport costs

Markscheme

2.1 Growing the business Questions

  1. GCSE
  2. /Business
  3. /2.1 Growing the business

37 exam-style questions on Edexcel GCSE Business 2.1 Growing the business, covering 2.1.1a Internal (organic) growth, 2.1.1b External (inorganic) growth, 2.1.1c Ownership for growing businesses, 2.1.1d Finance for growing and established businesses, 2.1.2a Why aims and objectives change, 2.1.2b How aims and objectives change, 2.1.3a The impact of globalisation on businesses, 2.1.3b Barriers to international trade, 2.1.3c How businesses compete internationally, 2.1.4a Ethical and environmental considerations, and 2.1.4b Pressure group activity and the marketing mix. Each one has a worked solution and a mark scheme showing where the marks go.

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