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ZIMSEC A-Level Economics

8International Trade

International Trade in ZIMSEC A-Level Economics: what the syllabus expects you to know, the learning objectives and how to practise.
Topic221 practice questions10 lessons

Overview

Form 5 (competency matrix 8.1.8) and Form 6 (8.2.6).

In this topic

Lessons

  • Absolute and comparative advantage

    55 min

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  • The case for and against free trade

    55 min

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  • Protectionism: tools, impacts and arguments

    55 min

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  • Economic integration: trading blocs, trade creation and diversion, and trade agreements

    50 min

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  • The current account of the balance of payments

    55 min

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  • The full balance of payments: current, capital and financial accounts

    50 min

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  • Policies to correct balance of payments imbalances

    55 min

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  • Terms of trade

    45 min

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  • Exchange rates: determination of a floating rate

    55 min

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  • Fixed, managed and floating exchange rate systems

    55 min

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Sample question

A sample question on this topic. Answer it, check it, then read the worked answer.

International Trade: sample question

1 mark

A country has a comparative advantage in a good when it

Choose one answer

Turn International Trade into a strength.

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