Edexcel A-Level Economics A2 4.3.1 2a Factors Contributing to Increased Globalisation in the Last Globalisation 50 Years Questions

Practise using data and country examples to explain why globalisation has increased, from lower trade barriers to transport and communication changes.

Syllabus
First assessment 2019
Course
Economics YEC11
Level
A2

Exam points

  • define globalisation and use exports as a share of GDP or percentage-point data as evidence of change
  • analyse trade liberalisation, lower tariffs and quotas, WTO activity and larger trading blocs
  • explain how containerisation, scale, fuel efficiency and infrastructure reduce transport costs and raise trade
  • analyse digital communication, payment technology and TNC offshoring or investment as globalisation drivers
  • explain political opening, freer capital flows, rising import demand and migration as additional drivers

Edexcel A-Level Economics A2 4.3.1 2a Factors Contributing to Increased Globalisation in the Last Globalisation 50 Years Questions question 1

[Maximum number: 1]

Which one of the following factors has contributed to increased globalisation in the last 50 years?

A

An increase in the cost of transport

B

An increase in the cost of communications

C

A reduction in tariffs and quotas

D

A reduction in the number of trading blocs

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