International Trade and the Global Economy
Business · 6th Year · The Macroeconomic and International Environment · 4.º Período

International Trade and the Global Economy

This topic explores the significance of international trade for an open economy like Ireland. Students assess the impact of exchange rates, tariffs, and global competition on Irish exporters.

NCCA Curriculum SpecificationsNCCA Leaving Certificate Business Syllabus - Section 6.1NCCA Leaving Certificate Economics Specification - Strand 5.1

About This Topic

This topic explores the significance of international trade for an open economy like Ireland. Students assess the impact of exchange rates, tariffs, and global competition on Irish exporters.

Key Questions

  1. Why is international trade vital for the Irish economy?
  2. How do exchange rate fluctuations affect exporters and importers?
  3. What are the barriers to free trade?

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