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4 International trade and the global economy

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Question 14

A UK software company is considering selling its services in one of two countries. Each proposed free trade agreement would cover software services. The company regularly sends staff to clients to install software or provide support.

Potential marketPopulationDistance from the UK
Country A68 million800 km
Country B45 million9,000 km

Using the information, explain why an agreement with Country A may be more valuable to the software company than an agreement with Country B.

[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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