Subsection 6.2. Globalisation, free trade and protection for Economics, O Level - revisedeck

6.2. Globalisation, free trade and protection

A subsection of Economics, 2281, through 6. International trade and globalisation

Listing 10 of 85 questions

What is always true about multi-national companies?

2281_s08_qp_1

MCQ

2008

Paper 1, Variant 0

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After more than 70 years of production, a German car manufacturer, Volkswagen, has decided to locate the production of its biggest selling car in developing countries, rather than Germany. What is the main advantage of this policy?

2281_s12_qp_11

MCQ

2012

Paper 1, Variant 1

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What is thought to be a benefit of global free trade?

2281_s13_qp_11

MCQ

2013

Paper 1, Variant 1

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A country says that it wishes to increase its trade protection policies. What might that involve?

2281_s13_qp_12

MCQ

2013

Paper 1, Variant 2

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In 2012, Nokia, a mobile phone manufacturer, produced 18% of Finland’s exports. Why might this be undesirable for Finland?

2281_s14_qp_12

MCQ

2014

Paper 1, Variant 2

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A country says that it wishes to increase its trade protection policies. What might that involve?

2281_s16_qp_11

MCQ

2016

Paper 1, Variant 1

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A country says that it wishes to increase its trade protection policies. What might that involve?

2281_s16_qp_12

MCQ

2016

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In 2013, the European Union (EU) levied a 48% tariff on low-priced Chinese solar panels because the low price was the result of subsidies from the Chinese government. Which argument for protectionism was the EU using?

2281_s19_qp_11

MCQ

2019

Paper 1, Variant 1

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Many low-income countries rely on exports of raw materials such as coffee or iron ore to earn them foreign currency. What is a disadvantage of this?

2281_s20_qp_11

MCQ

2020

Paper 1, Variant 1

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Economies have become increasingly linked through globalisation. What would discourage this?

2281_s21_qp_12

MCQ

2021

Paper 1, Variant 2

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Questions Discovered

85