Economics 9708 · AS & A Level · International trade and free trade

International trade and free trade — practice question

What effects are likely to occur in an economy as a result of greater competition from overseas?

  • Aimpact on trade balance improve; impact on rate of inflation raise; impact on unemployment rate decrease
  • Bimpact on trade balance improve; impact on rate of inflation reduce; impact on unemployment rate decrease
  • Cimpact on trade balance worsen; impact on rate of inflation raise; impact on unemployment rate increase
  • Dimpact on trade balance worsen; impact on rate of inflation reduce; impact on unemployment rate increase

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