AQA•A-Level•Economics
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The International Economy
International trade, exchange rates, and globalisation
Practice 50 subtopics in The International Economy. All questions match the AQA A-Level specification.
About The International Economy
The International Economy is a key topic in the AQA A-Level Economicsspecification. This topic covers international trade, exchange rates, and globalisation.
Master all 50 subtopics below with unlimited AI-generated questions. Each subtopic page includes sample questions and the ability to generate unlimited practice questions with detailed solutions.
All Subtopics (50)
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Practice any subtopic from The International Economy
Benefits of tradeSpecialisationAbsolute advantageComparative advantageGains from tradeTerms of tradePattern of tradeTariffsQuotasSubsidiesNon-tariff barriersArguments for protectionismInfant industryDumpingNational securityDiversificationArguments against protectionismTrade creationTrade diversionFree trade areaCustoms unionSingle marketEconomic unionMonetary unionWorld Trade Organization (WTO)Exchange rate determinationFloating exchange ratesDemand for currencySupply of currencyFixed exchange ratesManaged floatAppreciationDepreciationCauses of exchange rate changesEffects of exchange rate changesOn tradeOn inflationOn output and employmentCompetitive devaluationMarshall-Lerner conditionJ-curve effectDefinition of globalisationCauses of globalisationTrade liberalisationTechnologyMultinational corporationsBenefits of globalisationCosts of globalisationWinners and losersDe-globalisation
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