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O-LevelCommerceGlobal trade7100/12 · Oct/Nov 2022 · Q161 Mark

Why is trading overseas more difficult than trading in the home market?

ABoth traders operate within a trading bloc.
BDifferent legal systems will apply.
CFewer goods are demanded.
DRoad and rail transport cannot be used.

✓ Correct answer

B: Different legal systems will apply.

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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 2022 Paper 1 Variant 2, question 16.

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