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6.1. Specialisation and free trade

Syllabus
0455–2027–2028
Topic
6.1
Level
—

6.1.1—Specialisation by country

  • definition of specialisation by country
  • the basis for specialisation by country in terms of the best resource allocation and/or low-cost production
  • advantages and disadvantages of specialisation

6.1.2—Free trade

  • definition of free trade
  • advantages and disadvantages of free trade

Objective notes

2 learning objectives
ConceptIGCSE Economics