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4 International trade and the global economy

4 International trade and the global economy

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Question 6

Members of a free trade agreement remove tariffs between themselves but keep barriers on some non-members. Which conclusion is most accurate?

[1]
A

All world trade becomes free

B

Trade between members may rise, but non-member producers may still face restricted access

C

Members can no longer import from non-members

D

The agreement guarantees that every member has a current account surplus

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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