Members of a free trade agreement remove tariffs between themselves but keep barriers on some non-members. Which conclusion is most accurate?
All world trade becomes free
Trade between members may rise, but non-member producers may still face restricted access
Members can no longer import from non-members
The agreement guarantees that every member has a current account surplus
21 exam-style questions on OCR GCSE Economics 4.1 Importance of international trade, covering 4.1.1 Why countries import and export and 4.1.2 Free trade agreements. Each one has a worked solution and a mark scheme showing where the marks go.