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A-LevelEconomicsInternational TradeOct/Nov 2013Paper 1 Q211 Mark

A country joins a trade organisation, where the only requirements are that member countries adopt identical tariff rates towards non-members and no trade barriers to fellow members. With which possible change in status for the country is this condition consistent?

Afrom independent trade to membership of a free trade area
Bfrom membership of a customs union to membership of an economic union
Cfrom membership of a free trade area to membership of a customs union
Dfrom membership of a free trade area to membership of an economic union

✓ Correct Answer

The correct answer is C. This question tests the candidate's understanding of international trade within the Economicssyllabus. The examiner's mark scheme requires...

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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 A-Level Economics Question

This multiple-choice question appeared in the Cambridge A-Level Economics (9708) Oct/Nov 2013 examination, Paper 1 Variant 2. It tests the topic of International Trade and is worth 1 mark.

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