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4 International trade and the global economy

4 International trade and the global economy

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Question 8

A free trade agreement gives a UK clothing firm access to more overseas customers. Which outcome is most likely if demand rises?

[1]
A

The firm's revenue must fall

B

The firm can no longer specialise

C

The firm is protected from all competition

D

The firm's potential market and output may increase

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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