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EnglandEconomicsQuick questions

Theme 4: A global perspective

Quick questions on International trade: comparative advantage, protectionism and trading blocs - Edexcel A-Level Economics A

2short Q&A pairs drawn directly from our worked dot-point answer. For full context and worked exam questions, read the parent dot-point page.

What is q1?
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Explain the difference between absolute and comparative advantage. [3 marks]
What is q2?
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Explain one effect of a government imposing a tariff on imported steel. [4 marks]

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