Section 3. Globalisation of trade for Commerce, O Level - revisedeck

3. Globalisation of trade

A section of Commerce, 7100

Listing 10 of 272 questions

Which statement is likely to be true for countries belonging to a trading bloc?

7100_w14_qp_11

MCQ

2014

Paper 1, Variant 1

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Which statement describes entrepôt trade?

7100_w14_qp_11

MCQ

2014

Paper 1, Variant 1

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A government imposes a restriction of 100 000 cars to be imported into the country in a year. What is this restriction called?

7100_w14_qp_12

MCQ

2014

Paper 1, Variant 2

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Which definition describes a trading bloc?

7100_w15_qp_11

MCQ

2015

Paper 1, Variant 1

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Which definition describes a trading bloc?

7100_w15_qp_12

MCQ

2015

Paper 1, Variant 2

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An advantage of a trading bloc is the elimination of unfair competition between member countries. How is this achieved?

7100_w16_qp_11

MCQ

2016

Paper 1, Variant 1

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A freeport is an area where A goods can be prepared for sale without payment of duty. B port charges do not have to be paid. C ships have unrestricted arrival and departure times. D traders can exchange goods free of inspections or regulations.

7100_w16_qp_12

MCQ

2016

Paper 1, Variant 2

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The diagram shows trade between four countries. Country 1 Country 3 Country 4 Country 2 tariffs quotas embargoes no duties Which two countries are in a free trade area?

7100_w16_qp_12

MCQ

2016

Paper 1, Variant 2

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What is a freeport?

7100_w18_qp_11

MCQ

2018

Paper 1, Variant 1

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What is a freeport?

7100_w18_qp_12

MCQ

2018

Paper 1, Variant 2

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Questions Discovered

272