Skip to content

Course home

2.4 International trade and the global economy

2.4 International trade and the global economy

EasyMediumHard
12345678910111213141516171819
Question 10

A UK firm moves production abroad, where labour costs are lower, and imports the finished goods back to the UK. Which pair of effects is most likely?

[1]
A

The firm's costs may fall, but some UK production jobs may be lost

B

The firm's costs may rise, and UK production employment must rise

C

The firm's imports fall, and UK consumers must pay more

D

The firm's sales must fall, but every overseas worker gains

Markscheme

2.4 International trade and the global economy Questions

  1. GCSE
  2. /Economics
  3. /2.4 International trade and the global economy

48 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.

Question bank