👑International Trade   Essays

Discuss whether or not an exchange rate depreciation will prevent an economy from experiencing a recession.

Discuss whether a decrease in imports would increase a country’s economic growth rate.

World output has grown in recent years, but a number of countries have experienced a recession. The removal of trade restrictions such as import tariffs has slowed down, reducing the growth of world trade.

Discuss whether or not a developing country will benefit from the removal of trade restrictions.

Discuss whether or not countries specialising benefits consumers. In assessing each answer, use the table opposite. Why it might:

Discuss whether or not an increase in a surplus on the current account of the balance of payments decreases unemployment.

Discuss whether or not an increase in government spending will reduce a surplus on the current account of the country’s balance of payments.

Discuss whether or not trade protection supports the growth of domestic firms.

Analyse why a country may change from a net exporter of a product into a net importer of the product.

Discuss whether or not increased international trade can promote economic growth.

Discuss whether a firm would benefit from a fall in its country’s exchange rate.

Analyse how an increase in exports could improve a country’s macroeconomic performance.

Analyse how the removal of import tariffs could increase a country’s output.