What this practice covers
These questions are drawn from past AQA A-Level papers and filtered to globalisation and trade. You answer, you find out immediately whether you were right, and you get the reasoning for the correct option and for each distractor. Wrong answers go to a mistakes locker so you can come back to exactly those.
Practice is free. You need an account only so your progress and your mistakes are still there next time.
Start practising Paper 3 MCQs →
What examiners see students get wrong here
These are the errors that cost marks on globalisation and trade, taken from our own topic notes. Read them before you practise and you will recognise the traps in the questions.
- Explaining gains from trade using absolute advantage, the gains come from comparative advantage.
- Failing to compute opportunity cost ratios when data is given.
- Forgetting that the terms of trade must lie between the two opportunity cost ratios for both to gain.
- Confusing tariffs (a tax, generates revenue) with quotas (a quantity limit, no revenue).
- Discussing protection without mentioning retaliation or the effect on downstream firms.
- Confusing trade creation (welfare-improving) with trade diversion (welfare-reducing).
- Ignoring the assumptions of the comparative advantage model, especially factor immobility.
Revise it first
If any of the above is unfamiliar, work through the notes before practising: Globalisation and Trade revision notes.