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O-LevelCommerceGlobal tradeOct/Nov 2014Paper 1 Q161 Mark

Which statement is likely to be true for countries belonging to a trading bloc?

Acommon price structure for goods across the whole market area
Bcommon working practices between member states
Cidentical health and safety standards between member states
Dvast market area in which to trade

✓ Correct Answer

The correct answer is D. This question tests the candidate's understanding of global trade within the Commercesyllabus. The examiner's mark scheme requires...

📋 Examiner Report & Trap Analysis

Common mistake: 62% of candidates selected the distractor because they confused... The examiner specifically designed this question to test whether students can differentiate between... To secure full marks, candidates must demonstrate...

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About This O-Level Commerce Question

This multiple-choice question appeared in the Cambridge O-Level Commerce (7100) Oct/Nov 2014 examination, Paper 1 Variant 1. It tests the topic of Global trade and is worth 1 mark.

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