ZIMSEC O-Level Commerce
6.2.6Foreign trade
Foreign trade in ZIMSEC O-Level Commerce: what the syllabus expects you to know, the learning objectives and how to practise.
Subtopic65 practice questions4 lessons
Overview
Form 3: interdependence of countries, problems of importers and exporters, entrepot trade, free trade and protection, customs authorities, trading blocs, documents and intermediaries.
Learning objectives
What the syllabus expects you to be able to do.
- 6.2.6.1Identify the difficulties faced by importers and exporters and explain entrepot trade.
- 6.2.6.2Explain free trade and protectionism and identify methods of restricting trade.
- 6.2.6.3Analyse the functions of customs authorities.
- 6.2.6.4Describe trading blocs and analyse their benefits and challenges.
- 6.2.6.5Describe the purpose and key information of documents used in foreign trade.
- 6.2.6.6Explain the functions of intermediaries in foreign trade and distinguish between them.
Lessons
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Documents and customs in foreign trade
30 min
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Foreign trade: reasons, difficulties and intermediaries
30 min
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Free trade, protectionism, tariffs and quotas
30 min
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Trading blocs and economic integration
30 min
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Sample question
A sample question on this topic. Answer it, check it, then read the worked answer.
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