O-LevelCommerceGlobal trade7100/12 · May/June 2016 · Q171 Mark

Why are imports important to a country?

Agreater variety of goods are made available.

BMore money is brought into the country.

CThe Balance of Trade is improved.

DThe imports compete with local industries.

✓ Correct answer

A: greater variety of goods are made available.

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Topic: Global trade, O-Level Commerce (syllabus 7100). Multiple choice, 1 mark.
Source: O-Level Commerce, May/June 2016 Paper 1 Variant 2, question 17.

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