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Cambridge IGCSE Economics (0455)

1. The basic economic problem

2. The allocation of resources

3. Microeconomic decision-makers

4. Government and the macroeconomy

5. Economic development

6. International trade and globalisation

6.1. Specialisation and free trade

6.2. Globalisation and trade restrictions

6.2.1—Definition of globalisation

6.2.2—Causes and consequences of changes in globalisation

6.2.3—Role of multinational companies (MNCs)

6.2.4—Types of trade restrictions / methods of protection

6.2.5—Reasons for trade restrictions

6.2.6—Consequences of trade restrictions

6.3. Foreign exchange rates

6.4. Current account of the balance of payments

IGCSE/CAIE/Economics//Concept/6. International trade and globalisation/6.2. Globalisation and trade restrictions/6.2.4—Types of trade restrictions / methods of protection

6. International trade and globalisation

Syllabus: 0455–2027–2028
Section: 6
Level: —

Exam analysis

Most tested topics

Specialisation and free trade
Globalisation and trade restrictions
Foreign exchange rates
Current account of the balance of payments