Pattern of Trade — Edexcel Past Paper Questions

Discuss the problems for the Ivory Coast of dependency on cocoa for a large proportion of their exports. Refer to Figure 2 in your answer.

4.1.3 Pattern of Trade · 4.3.2 Factors Influencing Growth

Three of Africa’s main trading blocs have agreed to form the Tripartite Free Trade Agreement (TFTA). This will create one of the world’s largest free trade areas, stretching across 26 countries with a combined GDP of around £1 trillion. (Source: https://uk.reuters.com/article/uk-africa-trade/mega-african-trade-bloc-paves-way-for-continental-commerce-idUKKBN0OR28M20150611) Evaluate the effects of the growth of trading blocs such as the TFTA on global trading patterns.

One of two options in Section C — candidates answered this or the other.

4.1.5 Trading Blocs and the WTO · 4.1.3 Pattern of Trade

With reference to the information provided and your own knowledge, evaluate the microeconomic and macroeconomic effects on Indonesia of the volatility of prices of commodities such as coal.

One of two options in Section B — candidates answered this or the other.

4.1.3 Pattern of Trade · 1.2.5 Price Elasticity of Supply

Apart from externalities, discuss the problems that Chile faces as a result of dependency on copper mining.

4.1.3 Pattern of Trade · 4.3.2 Factors Influencing Growth