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4.1 Importance of international trade

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Question 7

The table shows four transactions involving the United Kingdom.

LetterTransaction
AAn overseas family pays for rooms in a hotel in Wales.
BA UK supermarket buys bananas grown abroad.
CAn overseas company pays a UK insurer for insurance cover.
DA UK manufacturer sells bicycles to shops abroad.

Give the letter of one transaction that is a UK export of a service.

[1]
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.

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