O-LevelCommerceGlobal trade7100/12 · May/June 2012 · Q191 Mark

What is an advantage of forming a trading bloc?

AImports to member countries will decrease.

BInfant industries within a country will not be protected.

CPrices in member countries will increase.

DTrading of goods between member countries will become easier.

✓ Correct answer

D: Trading of goods between member countries will become easier.

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Topic: Global trade, O-Level Commerce (syllabus 7100). Multiple choice, 1 mark.
Source: O-Level Commerce, May/June 2012 Paper 1 Variant 2, question 19.

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