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O-LevelEconomicsInternational trade and globalisation2281/12 · Oct/Nov 2016 · Q271 Mark

What encourages international specialisation?

Aforeign exchange shortage
Bdiseconomies of scale
Cfree trade
Dquotas

✓ Correct answer

C: free trade

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About this question

Topic
International trade and globalisation, O-Level Economics (syllabus 2281). Multiple choice, 1 mark.
Source
O-Level Economics, Oct/Nov 2016 Paper 1 Variant 2, question 27.

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