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4 International trade and the global economy

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Question 142

A UK furniture producer uses 2,500 timber planks each year. A UK supplier charges £18 per plank, while an overseas supplier charges £14 per plank.

Calculate how much the producer would save in a year by buying all its timber planks from the overseas supplier.

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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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