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O-LevelCommerceGlobal trade7100/12 · Oct/Nov 2017 · Q161 Mark

Which statement explains why international trade is important?

ABusinesses can concentrate on expanding in the home market.
BMany countries produce surpluses of goods to sell.
CThere are currency and language differences between countries.
DTrade enables workers to become more efficient and productive.

✓ Correct answer

B: Many countries produce surpluses of goods to sell.

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About this question

Topic
Global trade, O-Level Commerce (syllabus 7100). Multiple choice, 1 mark.
Source
O-Level Commerce, Oct/Nov 2017 Paper 1 Variant 2, question 16.

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