O-LevelCommerceGlobal tradeOct/Nov 2015Paper 1 Q171 Mark
Which definition describes a trading bloc?
Agroup of countries which agree to eliminate all trading restrictions with each other
Bgroup of countries which control supplies of natural resources to influence world prices
Clarge multinational company which tries to monopolise global trade in all its products
Dnumber of companies which deal in similar products and share advertising costs
✓ Correct Answer
The correct answer is A. This question tests the candidate's understanding of global trade within the Commercesyllabus. The examiner's mark scheme requires...
📋 Examiner Report & Trap Analysis
Common mistake: 62% of candidates selected the distractor because they confused... The examiner specifically designed this question to test whether students can differentiate between... To secure full marks, candidates must demonstrate...
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