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

3. Globalisation of trade

A section of Commerce, 7100

Listing 10 of 272 questions

What is not an advantage of free trade?

7100_w19_qp_11

MCQ

2019

Paper 1, Variant 1

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The bar chart shows the imports and exports for a country for a year. goods $m key imports exports What is the balance of trade?

7100_w21_qp_11

MCQ

2021

Paper 1, Variant 1

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Why will consumers in a trading bloc country usually benefit from lower prices?

7100_w23_qp_11

MCQ

2023

Paper 1, Variant 1

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What is a benefit of international trade to a country?

7100_w24_qp_12

MCQ

2024

Paper 1, Variant 2

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The table shows figures relating to a country’s international trade. $bn visible exports visible imports invisible exports invisible imports What is the Balance of Trade?

7100_w24_qp_12

MCQ

2024

Paper 1, Variant 2

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Why is communication important in the global market?

7100_w24_qp_12

MCQ

2024

Paper 1, Variant 2

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How can a country increase its exports?

7100_s06_qp_1

MCQ

2006

Paper 1, Variant 0

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The table shows the foreign trade figures of country X for one year. $ million goods bought from other countries goods sold to other countries payment for use of foreign transport money received from foreigners who use country X’s transport money spent by citizens of country X on holidays in other countries What is the value of country X’s total imports?

7100_s06_qp_1

MCQ

2006

Paper 1, Variant 0

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Why might a manufacturer prefer to sell goods in the home country rather than abroad?

7100_s06_qp_1

MCQ

2006

Paper 1, Variant 0

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The table shows the foreign trade figures of country Y. foreign trade $ m goods sold to other countries goods bought from foreigners payment for use of foreign banking services money received from foreigners who use country Y’s insurance services money spent by citizens from other countries on holidays in country Y What is the value of total exports from country Y?

7100_s07_qp_1

MCQ

2007

Paper 1, Variant 0

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Questions Discovered

272