Skip to content

Course home

Sign up

4.1 Importance of international trade

EasyMediumHard
12345678910111213141516171819202122232425262728293031323334353637383940414243444546474849505152535455565758596061626364656667686970717273
Question 67

What is a likely effect on domestic producers when import barriers are removed?

[1]
A

They face less competition

B

They may face stronger competition from overseas firms

C

Their market becomes a monopoly

D

They no longer need to be efficient

Markscheme

4.1 Importance of international trade Questions

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

85 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.

Question bank