Overseas manufacturers start supplying standard electric kettles to UK shops at lower prices than UK manufacturers charge.
What is the most likely effect on the prices that UK kettle manufacturers can charge?
They are likely to rise, as UK firms must spread their costs over fewer sales
They are likely to rise, as UK-made kettles become scarcer once the imports arrive
They are likely to stay the same, as imports only add to the choice of kettles on sale
They are likely to be held down, as shoppers can switch to the cheaper imported kettles
49 exam-style questions on OCR GCSE Economics 4.4 Globalisation, covering 4.4.1 What is globalisation, 4.4.2 Measuring development, 4.4.3 Globalisation in developed countries, and 4.4.4 Globalisation in less developed countries. Each one has a worked solution and a mark scheme showing where the marks go.