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O-LevelEconomicsInternational trade and globalisation2281/11 · May/June 2013 · Q391 Mark

What is thought to be a benefit of global free trade?

AIt increases the opportunity for domestic producers to specialise.
BIt increases the protection for domestic producers.
CIt reduces a country's reliance on other countries.
DIt reduces the transport costs involved in trading.

✓ Correct answer

A: It increases the opportunity for domestic producers to specialise.

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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 2013 Paper 1 Variant 1, question 39.

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