International trade and globalisation — IGCSE Economics (0987) questions by topic
Exchange rates, the balance of payments, and dumping are the recurring subjects across this page's 8 questions, all set in 2025 and worth between 1 and 20 marks. Calculate underpins the exchange-rate arithmetic, while identify, explain, analyse and discuss carry you from spotting a correct definition to weighing the consequences of a current account surplus.
Work through the exchange-rate calculations by hand first, then submit your answer for instant marking so any slip in converting between currencies or reading a demand-and-supply diagram for the yuan is caught before it compounds into a wrong discussion.
May–June 2025, Paper 11
What might an economist consider to be meant by the term dumping? A foreign firms exporting waste products B foreign firms producing goods at a lower cost than domestic firms C…
Answer this question and get it marked →In the diagram, D is the demand curve for the Chinese yuan and S is the supply curve of the Chinese yuan. The diagram has 'price of yuan (in US dollars)' on the vertical axis and…
Answer this question and get it marked →The table shows the values of the items in a country's current account in two years. item year 1 ($m) year 2 ($m) --- --- --- balance of goods and services -30 0 net primary…
Answer this question and get it marked →May–June 2025, Paper 12
An Argentine product initially sells in the US for $50 when the exchange rate between the two countries is 5 pesos to 1 dollar ($). The exchange rate changes to 10 pesos to 1…
Answer this question and get it marked →Mining by multinational companies (MNCs) has both costs and benefits for the host nation. Which activity is least likely to offer a benefit to the host nation? A developing…
Answer this question and get it marked →The table shows the retail price at which the same book can be bought in four countries. country price in local currency local currency --- --- --- Australia $14.99 Australian…
Answer this question and get it marked →What is a consequence of a surplus on the current account of the balance of payments? A a decrease in GDP B a decrease in unemployment C a depreciation of the foreign exchange…
Answer this question and get it marked →May–June 2025, Paper 21
Identify two benefits an MNC may provide for its home country. [2]
Answer this question and get it marked →