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2.4 International trade and the global economy

2.4 International trade and the global economy

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Question 2

Table 1 shows four industries in a country. The government wants to identify the industry most dependent on international trade.

IndustryImported inputs as % of costsExports as % of salesDomestic suppliers available
A10%70%Many
B65%15%Few
C25%35%Many
D60%75%Few

Which industry is most dependent on both imported inputs and export sales?

[1]
A

Industry A

B

Industry B

C

Industry C

D

Industry D

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.

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