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2.4 International trade and the global economy

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Question 59

A UK music shop stocks instruments from producers in several countries, and each producer is trying to win sales from the others.

Which outcome of this could benefit UK consumers?

[1]
A

Producers may improve the quality of their instruments

B

The government may collect more tax on imported instruments

C

The shop may sell a larger number of instruments

D

Producers may earn a higher profit on each instrument

Markscheme

2.4 International trade and the global economy Questions

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

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.

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