Question 5
[Maximum number: 12]
Evaluate the impact on SF of country B becoming a member of the NFTA international trading agreement.
CAIE A-Level Business 6.1.6 International Influences
Practise evaluating how an international trade agreement changes market access, tariffs, competition, sourcing and investment for the named business and its strategic priorities.
How this is tested
- identify how the agreement changes tariffs, rules or access to customers and suppliers
- evaluate benefits against stronger competition, adjustment cost and the firm's ability to exploit new markets