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Pearson Edexcel International GCSE Economics (4EC1)
1.1 The market system
1.2 Business economics
2.1 Government and the economy
2.2 The global economy
2.2.1 Globalisation
2.2.2 International trade
2.2.2.a Advantages and disadvantages of free trade
2.2.2.b Reasons for protection
2.2.2.c Methods of protection
2.2.2.d Modern trading blocs
2.2.2.e Role of the World Trade Organization (WTO)
2.2.2.f Trade patterns of developed and developing countries
2.2.3 Exchange rates
3 Quantitative skills
IGCSE/Edexcel/Economics//Concept/2.2 The global economy/2.2.2 International trade/2.2.2.d Modern trading blocs

2.2 The global economy

Syllabus
2026
Section
2.2
Level
—

Exam analysis

Most tested topics

  1. Globalisation
  2. International trade
  3. Exchange rates