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2.4 International trade and the global economy

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Question 68

Table 1 shows four transactions involving UK businesses.

TransactionDetails
AA UK retailer buys smartphones made by a producer in South Korea.
BA bakery in Manchester sells bread to a supermarket in Birmingham.
CA translation agency in Glasgow sells translation services to a business in Spain.
DA UK manufacturer buys a specialist machine from a producer in Germany.

Using Table 1, state which transaction is an export from the UK and explain your answer.

[3]
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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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