This latest edition has been updated with comprehensive new notes and activities, all presented in a clear and logical sequence. It is designed to assist students with understanding the economic concepts and models required to prepare for assessments. A range of summative review questions builds up the student’s confidence for tackling end of year examinations.
Table of contents
AS 91223: Analyse international trade using economic concepts and models (2.2) 1 The nature of trade 2 Free trade and protectionism 3 Exchange rates 4 The balance of payments 5 The two country trade model 6 The one country trade model 7 Tariffs and fluctuations in trade 8 Review (Exam) questions