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O-LevelCommerceGlobal trade7100/11 · Oct/Nov 2011 · Q171 Mark

Why do countries join trading blocs?

Ato benefit from free trade

Bto obtain free advertising

Cto pay more import duty

Dto stop imported goods

✓ Correct answer

A: to benefit from free trade

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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 2011 Paper 1 Variant 1, question 17.

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