O-LevelEconomicsInternational trade and globalisation2281/12 · May/June 2019 · Q291 Mark

What is the most likely disadvantage of international specialisation?

Adecreased levels of global output

Bincreased average production costs

Cincreased productivity levels

Doverdependence on other economies

✓ Correct answer

D: overdependence on other economies

Practise more questions on this topic

Oracle Prep sorts past-paper questions by topic, so you can drill International trade and globalisation and see which topics are most likely to come up next.

About this question

Topic: International trade and globalisation, O-Level Economics (syllabus 2281). Multiple choice, 1 mark.
Source: O-Level Economics, May/June 2019 Paper 1 Variant 2, question 29.

Questions and mark schemes are from past examination papers and remain the copyright of the exam board. How Oracle Prep builds its content

Related Economics questions

International trade and globalisationMay/June 20141m

In 2012 the UK held the Olympic Games which attracted a large number of visitors from foreign countries. Which item o…

International trade and globalisationMay/June 20141m

Countries in Europe were in a recession in 2012. Usually a recession would mean oil prices fall. In fact in 2012, oil…

International trade and globalisationMay/June 20141m

The citizens of a country which avoids international trade may benefit from

The basic economic problemMay/June 20121m

A student leaves school and decides to spend the next two years at a college to improve her qualifications. What is t…

The allocation of resourcesMay/June 20121m

What is found in a mixed economy but not a free market economy?

The allocation of resourcesMay/June 20121m

A large shop selling clothes opened in a town. Its prices were much cheaper than other shops selling similar items. A…

← Browse all past-paper questions