Question 23
Question 23 of 30
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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
11. International economi...
11.6. Globalisation

distinction between a free trade area, a customs union, a monetary union and full economic union

6. International economic...
6.1. The reasons for international...

benefits of specialisation and free trade (trade liberalisation), including the trading possibility curve