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A-LevelEconomicsInternational TradeMay/June 2010Paper 1 Q201 Mark

A group of countries decides to change from being a customs union to being an economic union. What additional feature will this give the group?

Acommon external quota on imports from non-members
Bcommon external tariff on imports from non-members
Cthe removal of restrictions on the movement of capital and labour between members
Dthe removal of tariffs and quotas on products exchanged between members

✓ Correct Answer

The correct answer is C: the removal of restrictions on the movement of capital and labour between members

📋 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...

🎯 Mark Scheme Breakdown

Award 1 mark for identifying the correct principle. Award 1 mark for showing clear working. Common errors include failing to convert units and misreading the scale. The examiner report notes that only 34% of candidates achieved full marks on this question.

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About This A-Level Economics Question

Topic

This multiple-choice question tests International Trade in A-Level Economics (syllabus code 9708). It is worth 1 mark.

Source

This question appeared in the Cambridge A-Level Economics May/June 2010 examination, Paper 1 Variant 2.

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