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O-LevelEconomicsInternational trade and globalisation2281/11 · May/June 2012 · Q381 Mark

What is an advantage to a country of free trade?

Agreater international diversification of production
Bgreater range of domestically produced goods
Cgreater reliance on other countries
Dgreater specialisation in the use of resources

✓ Correct answer

D: greater specialisation in the use of resources

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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, May/June 2012 Paper 1 Variant 1, question 38.

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