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Edexcel IGCSE Business Studies 1.6.2 governments and business activity

Practise government effects by defining trade blocs, applying legislation to cases and explaining tariffs or infrastructure decisions.

Syllabus
First assessment 2019
Course
Business Studies 4BS1

Exam points

  • Define trade blocs and explain how tariff-free trade can benefit a country or firm.
  • Apply legislation to a case by linking rules to costs, operations or business choices.
  • Explain how tariffs or trading blocs affect business access to markets.

1.6.2 How governments affect business activity question 1

[Maximum number: 3]

Premier Inn wants to retain its employees so it can continue to maintain the service it provides for guests.

Explain one advantage for a country of being in a trading bloc.

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