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4 International trade and the global economy

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Question 114

A free trade agreement between the UK and another country changes the tariff on UK-made kitchen scales imported into that country.

Tariff per kitchen scale before the agreementTariff per kitchen scale after the agreement
£4£1

Explain how the agreement is likely to affect sales of UK-made kitchen scales in the other country.

[2]
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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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