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4 International trade and the global economy

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Question 106

A furniture firm is considering having wooden panels for its desks made overseas and assembling the desks in the UK. The cost of transporting the panels for one desk has changed:

PeriodTransport cost per desk
Earlier£18.00
Current£3.20

Explain how the change in transport cost could affect the firm's decision about where to make the panels.

[2]
Markscheme

4 International trade and the global economy Questions

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

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