Practice Global Trade - 8.4.1 | Unit 8: Economic Systems and Decision-Making | IB Board Grade 12 – Individuals and Societies
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Global Trade

8.4.1 - Global Trade

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Practice Questions

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Question 1 Easy

What does global trade allow countries to do?

💡 Hint: Think of why countries might trade.

Question 2 Easy

Name one benefit of global trade.

💡 Hint: Consider the choices available to consumers.

4 more questions available

Interactive Quizzes

Quick quizzes to reinforce your learning

Question 1

What is global trade?

Trade between local markets
International exchange of goods
Bartering between farmers

💡 Hint: Think about the scale of trade.

Question 2

Economic interdependence can lead to which of the following?

True
False

💡 Hint: Consider how economies are linked.

2 more questions available

Challenge Problems

Push your limits with advanced challenges

Challenge 1 Hard

Critically assess how a trade war between two large economies could affect global trade and economic interdependence.

💡 Hint: Consider how interconnected economies are.

Challenge 2 Hard

Evaluate the importance of international organizations in managing economic interdependence.

💡 Hint: Think about why countries would need a referee in trade.

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