What this practice covers
These questions are drawn from past Edexcel IGCSE papers and filtered to international trade and globalisation. 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.
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What examiners see students get wrong here
These are the errors that cost marks on international trade and globalisation, taken from our own topic notes. Read them before you practise and you will recognise the traps in the questions.
- Confusing a tariff (a tax, raises revenue) with a quota (a quantity limit, no revenue).
- Saying protection saves jobs without mentioning jobs lost through retaliation and higher input costs.
- Forgetting that consumers pay for protection through higher prices.
- Listing MNC benefits without the drawbacks, especially profits sent abroad.
- Treating globalisation as just another word for trade, it also covers investment, migration and technology.
- Giving the infant industry argument without noting that protection is meant to be temporary.
Revise it first
If any of the above is unfamiliar, work through the notes before practising: International Trade and Globalisation revision notes.