Edexcel IGCSE Economics 2.2.1 B Reasons for Globalisation Questions
Practise globalisation-reason questions by explaining how lower tariffs, transport costs or communication costs increase trade.
- Syllabus
- First assessment 2019
- Course
- Economics 4EC1
Exam points
- Explain how fewer tariffs and quotas reduce trade costs and expand international trade.
- Link cheaper transport or communication to overseas selling, sourcing and coordination.
- Recognise MNC growth as a likely reason for increased globalisation in MCQs.
Edexcel IGCSE Economics 2.2.1 B Reasons for Globalisation Questions question 1
[Maximum number: 1]
Which one of the following is the most likely reason for increased globalisation?
A
Higher number of tariffs and quotas
B
Lower transportation costs
C
Reduced significance of multinational corporations
D
Increased communication costs
B
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