A UK bookshop is considering buying books from suppliers in other countries.
What could international trade mean for the range of books available to consumers?
Consumers may have access to a wider range than domestic producers alone could supply
Consumers may have access to a narrower range, as imported books replace locally made books
Consumers may have access to the same range, since trade changes prices but not availability
Consumers may gain a wider range only when imported books cost less than domestic books
118 exam-style questions on AQA GCSE Economics 2.4 International trade and the global economy, covering 2.4.1a The importance of trade, 2.4.1b Advantages of trade and interdependence, 2.4.1c UK exports and imports, 2.4.2a How exchange rates are determined, 2.4.2b Effects of exchange rate changes, 2.4.3a Free-trade and its arguments, 2.4.3b Free-trade agreements such as the EU, 2.4.4a Features and growth of globalisation, 2.4.4b Benefits and drawbacks of globalisation, and 2.4.4c Moral, ethical and sustainability considerations. Each one has a worked solution and a mark scheme showing where the marks go.