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4.1 Importance of international trade

4.1 Importance of international trade

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Question 6

Members of a free trade agreement remove tariffs between themselves but keep barriers on some non-members. Which conclusion is most accurate?

[1]
A

All world trade becomes free

B

Trade between members may rise, but non-member producers may still face restricted access

C

Members can no longer import from non-members

D

The agreement guarantees that every member has a current account surplus

Markscheme

4.1 Importance of international trade Questions

  1. GCSE
  2. /Economics
  3. /4.1 Importance of international trade

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.

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