iGCSE Economics – Unit 6: International trade and globalization

Categories: Economics, iGCSE (CIE)
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About Course

In this unit, you will explore the importance of trade between countries and the growth of globalisation. Principles such as specialisation, the role of free trade, the role of multinational companies, foreign exchange rates and balance of payments stability are considered.

Course Content

36 – International specialisation

  • Specialisation at a national level
  • Advantages and disadvantages of specialisation at a national level

37 – Globalisation free trade and protection

38 – Foreign exchange rates

39 – Current account of balance of payments

End of Unit – Exit Ticket