A-Level Business (Paper 4) Worksheet Chapter 22 - 29
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Section A:
Define these key terms.
1. Disposable income
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2. Tariffs
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3. Protectionism
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4. Division of labour
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A-Level Business (Paper 4) Worksheet Chapter 22 - 29
5. Dumping
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6. Common market
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7. Offshoring
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8. Globalisation
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9. Trading bloc
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A-Level Business (Paper 4) Worksheet Chapter 22 - 29
Section B:
Explain at least 3 points about these key terms.
10.GDP (Gross Domestic Product) and HDI (Human Development Index) as
measurements of growth in an economy.
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11.FDI (Foreign Direct Investment).
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12.FTA (Free Trade Area).
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A-Level Business (Paper 4) Worksheet Chapter 22 - 29
13.Economic Unions
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Section C:
List the main points.
14. Push factors that motivate firms to go abroad.
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15. Pull factors that motivate firms to go abroad.
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16. Opportunities of trading blocs to businesses.
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A-Level Business (Paper 4) Worksheet Chapter 22 - 29
17. Drawbacks of trading blocs to businesses.
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18. Factors to assess a country as a market.
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19. Factors to assess a country as a production location.
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20. Factors that contribute to increased globalisation.
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