Question 36
Question 36 of 40
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No letter options?
Older MCQs might not have the typical A, B, C, D choices. They have choices 1, 2, 3, and a combination of them is the answer. Below is the key that maps such combinations to the answer.
A 1, 2 and 3 are correct
B 1 and 2 only are correct
C 2 and 3 only are correct
D 1 only is correct
Topics Tested
2. The allocation of reso...
2.9. Market economic system

Including examples of how it works in a variety of different countries.

6. International trade an...
6.1. International specialisation

The basis for specialisation at national level in broad terms of: superior resource allocation and/or cheaper production methods.

6. International trade an...
6.2. Globalisation, free trade and...

The benefits for consumers, producers and the economy in a variety of countries.