Economics 9708 · AS & A Level · 6.3

6.3 — practice question

(a)[8]

Explain the factors that may lead to a fall in a country’s terms of trade.

(b)[12]

Discuss the view that unrestricted free trade has as many disadvantages as advantages.

Worked solution & mark scheme

This 20-mark question has a full step-by-step worked solution and mark scheme.