IB Economics HL 4.4.4 Disadvantages of Trading Blocs Topic Practice

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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//Question Bank/Unit 4 The global economy/4.4 Economic integration/4.4.4—Disadvantages of trading blocs

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