O-LevelCommerceGlobal trade7100/12 · May/June 2014 · Q181 Mark

Why does a trader exporting goods to another country have more difficulties than a trader selling in the home market?

ACountries are becoming less dependent on one another.

BExcise duties have to be paid on goods leaving the country.

CQuotas on goods may be imposed by the importing country.

DThe goods need to be stored for six months before sale.

✓ Correct answer

C: Quotas on goods may be imposed by the importing country.

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Topic: Global trade, O-Level Commerce (syllabus 7100). Multiple choice, 1 mark.
Source: O-Level Commerce, May/June 2014 Paper 1 Variant 2, question 18.

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