Evaluate the microeconomic and macroeconomic effects of Ghana joining the African Continental Free Trade Agreement (Extract F).
One of two options in Section B — candidates answered this or the other.
5 questions on Trading Blocs and the World Trade Organisation (Edexcel specification 4.1.5) from the A-Level Economics papers, 2019–2024. Every question links to the official mark scheme at the page its answer begins on.
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Evaluate the microeconomic and macroeconomic effects of Ghana joining the African Continental Free Trade Agreement (Extract F).
One of two options in Section B — candidates answered this or the other.
With reference to Extract A, explain what is meant by a ‘regional trade agreement’ (Extract A, line 7).
Nigeria is considering joining the African Continental Free Trade Agreement. Assess policies the Nigerian government could use in response to the concerns of the country’s ‘manufacturers and trade unions’ (Extract B paragraph 3) if they join this trading bloc.
Discuss the likely benefits of increased economic integration for sub‑Saharan African countries.
4.1.5 Trading Blocs and the WTO · 4.3.3 Development Strategies
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.
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