O-LevelCommerceGlobal trade7100/12 · Oct/Nov 2013 · Q201 Mark

What is essential for trade to take place between a manufacturer in Asia and a retailer in Europe?

Abuyer in Asia working for the retailer

Ban agent based in Europe working for the manufacturer

Cquota system operating in Europe

Drapid and accurate communication between Asia and Europe

✓ Correct answer

D: rapid and accurate communication between Asia and Europe

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Topic: Global trade, O-Level Commerce (syllabus 7100). Multiple choice, 1 mark.
Source: O-Level Commerce, Oct/Nov 2013 Paper 1 Variant 2, question 20.

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