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4 International trade and the global economy

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Question 101

Town R is in a developed country and has long depended on factories producing standard ceramic tiles. Over five years, retailers increasingly bought tiles from lower-cost overseas producers.

MeasureValue
Employment in tile manufacturing at the start of the period7,800 workers
Employment in tile manufacturing after five years2,900 workers
Redundant tile workers with the qualifications required for expanding digital-service jobs12%

Using the data, explain why globalisation may create a long-lasting cost for workers in Town R.

[3]
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4 International trade and the global economy Questions

  1. GCSE
  2. /Economics
  3. /4 International trade and the global economy

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