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O-LevelCommerceGlobal trade7100/12 · May/June 2014 · Q171 Mark

Why might a company benefit from international trade?

AIt can charge import duties on foreign goods and services.
BIt can expand its trade in the home market.
CIt can export goods and services into a larger market.
DIt can increase the country's Balance of Payments.

✓ Correct answer

C: It can export goods and services into a larger market.

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About this question

Topic
Global trade, O-Level Commerce (syllabus 7100). Multiple choice, 1 mark.
Source
O-Level Commerce, May/June 2014 Paper 1 Variant 2, question 17.

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