1 markInternational Trade
CAPE Economics Unit 2 · 2013 · Paper 2 · Question 6(a)(i)
Define 'tariffs'.
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Practise this questionOther parts of this question
- 6(a)(ii)Define 'quotas'.[1 mark]
- 6(a)(iii)Define 'non-tariff barriers'.[1 mark]
- 6(b)Identify FOUR factors that determine a country's export revenue.[4 marks]
- 6(c)(i)Describe fixed exchange rates and identify ONE Caribbean country which uses them.[3 marks]
- 6(c)(ii)Describe floating exchange rates and identify ONE Caribbean country which uses them.[3 marks]
- 6(d)Discuss TWO advantages and TWO disadvantages of foreign direct investment (FDI) in the Caribbean.[12 marks]
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