CourseCourseQuestionQuestion
IB Economics
Unit 1 Introduction to economics
Unit 2 Microeconomics
Unit 3 Macroeconomics
Unit 4 The global economy
4.1 Benefits of international trade
4.2 Types of trade protection
4.3 Arguments for and against trade control/protection
4.4 Economic integration
4.4.1—Preferential trade agreements
4.4.2—Trading blocs
4.4.3—Advantages of trading blocs
4.4.4—Disadvantages of trading blocs
4.4.5—Monetary union
4.4.6—World Trade Organization
4.4.7 (HL)—Trade creation
4.4.8 (HL)—Trade diversion
4.4.9 (HL)—Monetary union evaluation
4.5 Exchange rates
4.6 Balance of payments
4.7 Sustainable development
4.8 Measuring development
4.9 Barriers to economic growth and/or economic development
4.10 Economic growth and/or economic development strategies
IB/Economics/HL//Concept/Unit 4 The global economy/4.4 Economic integration/4.4.1—Preferential trade agreements

Unit 4 The global economy

Syllabus
First assessment 2022
Section
—
Level
HL

Exam analysis

Most tested topics

  1. Benefits of international trade
  2. Types of trade protection
  3. Arguments for and against trade control/protection
  4. Economic integration
  5. Exchange rates
  6. Balance of payments
  7. Sustainable development
  8. Measuring development
  9. Barriers to economic growth and/or economic development
  10. Economic growth and/or economic development strategies