4.1.1—Benefits of international trade Topic Practice
4.1.1—Benefits of international trade Topic Practice
Students practise explaining concrete benefits like lower prices or greater choice, calculating domestic spending changes from world price shifts, and interpreting trade diagrams…
How this is tested
- calculate Chile's salmon spending change using Figure 1 and world price data
- use a trade diagram to show UK agricultural imports rising after free trade deals
- explain two benefits of international trade using examples from Text B or real-world contexts