O-LevelEconomicsInternational trade and globalisation2281/12 · May/June 2014 · Q291 Mark
In 2012, Nokia, a mobile phone manufacturer, produced 18% of Finland's exports. Why might this be undesirable for Finland?
AForeign demand for mobile phone firms may grow continuously.
BNokia may introduce new technology which raises total costs by less than output.
CThere may be a reduction in trade restrictions on mobile phones.
DThere may be an industrial dispute at Nokia.
✓ Correct answer
D: There may be an industrial dispute at Nokia.
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