The Global Context · Global Markets
International Trade
The logic of specialization and the debate between free trade and protectionism.
Key Questions
- 1How can a country benefit from trade even if it is less efficient at producing everything?
- 2Who benefits and who bears the costs of import tariffs?
- 3What trade-offs does this policy create for domestic industries?
National Curriculum Attainment Targets
A-Level: Economics - International EconomicsA-Level: Economics - Trade and Comparative Advantage
Year: Year 12
Subject: Economics
Unit: The Global Context
Period: Global Markets
Suggested Methodologies
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