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O-LevelCommerceGlobal tradeMay/June 2010Paper 1 Q181 Mark

What is a 'trading bloc'?

Agroup of countries that have removed trade restrictions between themselves
Bgroup of trading nations that is geographically close
Cnumber of countries that have differing trading policies
Dnumber of countries that import and export similar goods

✓ 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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About This O-Level Commerce Question

This multiple-choice question appeared in the Cambridge O-Level Commerce (7100) May/June 2010 examination, Paper 1 Variant 1. It tests the topic of Global trade and is worth 1 mark.

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