International Trade
515 resources created by 380 users
This International Trade page on GoConqr gathers community-made quizzes, mind maps, flashcards and notes, from comparative advantage and the gains from trade to protectionism, trading blocs and the balance of payments. It's built for university students and professional candidates, school students and teachers after ready-made material, and they can practise definitions, diagrams and exam-style questions. There are over 490 resources here, including more than 50 quizzes and over 280 mind maps, pitched at secondary and university level. Pick a topic, try a quiz to find your gaps, then make your own revision sets.
Select topic
- Reasons for Trade and Gains from Trade22
- Comparative Advantage and Specialisation64
- International Trade Theories and Models32
- Trade Patterns and International Competitiveness9
- Terms of Trade11
- Free Trade23
- Protectionism and Trade Policy76
- Economic Integration and Trading Blocs36
- Globalisation and International Trade22
- Exchange Rates and Trade9
- Balance of Payments12
- Trade and Economic Development8
- Fair Trade9
Top International Trade resources
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47 questionsIE Chapter 5 In the 2-factor, 2 good Heckscher-Ohlin model, an influx of workers from across the border would
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39 questionsIE Chapter 6 The meaning of "terms of trade" is
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30 questionsIE Chapter 7 If a firm's output more than doubles when all the inputs are doubled, production is said to occur under con...
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Mind map IB Economics: International Trade Some more notes -
7 questionsTrading blocs questions In a free trade area there is....
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Mind map Economics Unit 3 -
72 cardsThe Balance of Payments Define the Balance of Payments
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40 cardsTheme 4 business What is FDI?
Quizzes
See all 59 quizzes-
47 questionsIE Chapter 5 In the 2-factor, 2 good Heckscher-Ohlin model, an influx of workers from across the border would
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39 questionsIE Chapter 6 The meaning of "terms of trade" is
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30 questionsIE Chapter 7 If a firm's output more than doubles when all the inputs are doubled, production is said to occur under con...
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7 questionsTrading blocs questions In a free trade area there is....
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25 questionsIn class test Sharka - 16 The Mercantilists believed:
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15 questionsInternational Economics Exam International Economics Exam
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25 questionsEcon 245, Zhang exam 1 International economics deals with
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7 questionsquiz 4 A nation's import demand curve for a specific product:
Mind maps
See all 296 mind maps-
IB Economics: International Trade Some more notes
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Economics Unit 3
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Factors influencing International Competitiveness -
The Political Economy of Trade Policy The Political Economy of Trade Policy -
The Instruments of Trade Policy Instruments of a Trade Policy -
Trading blocs and economic integration
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GCSE Economics Unit 12 - Chapter 3 -
International Trade and Protectionism
Flashcards
See all 125 flashcards-
72 cardsThe Balance of Payments Define the Balance of Payments
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40 cardsTheme 4 business What is FDI?
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37 cardsEcons Trade & Globalisation
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29 cardsCHAPTER 2 labor productivity and comparative advantage: the ricardian model Why do countries engage in international relations?
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6 cardsWTO general The World Trade Organisation - established 1995 - current membership 164
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13 cardsAP Macroeconomics: Chapter 21 - International Trade and Exchange Balance of trades
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10 cardsAbsolute and Comparative Advantage When does a country have absolute advantage of its trading partners?
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12 cardsTrade and Intergration What has happened to the pattern of Global Trade recently?
Notes
See all 23 notes-
15.1 Economic integration Economic integration: -economic co-operation between countries and co-ordination of their economic policies leading to increased economic links between then -occurs because of the numerous benefits that may be derived...
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International Institutions - Governing Trade GOVERNING TRADE AND DEVELOPMENT The UN has a framework to manage the international political economy - IMF, WTO and WORLD BANK GATT - idea was to create a permanent multilateral forum for countries to discuss issues t...
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Comparative advantage DefinitionsA country holds an absolute advantage when it can produce a good or service at a lower cost than another.Comparative advantage occurs when one country can produce a good or service at a lower opportunity co...
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Basics for Trade Definitions and Key Terms Week 1 and 2: Comparative Advantage The Production Possibility Curve captures all maximum output possibilities for two (or more) goods, given a set of inputs (or resources) if inputs are used efficiently. An Efficient...
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Fairtrade downsides Fair trade often creates divides within communities as not all workers and farmers qualify to be part of a certified cooperative or group. Fairtrade does not ensure better wages. For instance, a report by SOAS, Univer...
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Methods of Protectionism Tariffs Q1 is produced domestically and Q1Q4 is imported The introduction of a tariff shifts the price of imported goods from P2 to P1 Now, Q2 is produced domestically and Q2Q3 is imported This increases demand for do...
Slides
Topics in International Trade
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About International Trade
GoConqr OriginalWhat the page covers
The resources follow the usual path through international trade. Some explain why countries trade: specialisation, comparative advantage, lower prices, more choice and economies of scale. Others look at the limits on trade, such as tariffs, quotas and wider protectionism. A third group covers integration, trading blocs, terms of trade and the balance of payments.
Where to start
Begin with a mind map for the big picture. The IB Economics: International Trade mind map sets out the reasons for trade and its gains. Economics Unit 3 lists advantages and disadvantages side by side. If you prefer notes, try Introduction to International Trade, then The Law of Comparative Advantage.
Moving on to policy and blocs
Next, look at how governments act. Methods of Protectionism and Government Intervention in International Trade are two notes to read here. The mind map International Trade 2 covers tariffs, controversies in trade policy and trade policy in developing countries. For a longer essay-style view, the map on the effects of the growth of trading blocs covers trade creation, trade diversion, FDI and inequality, and ends with evaluation points.
Using quizzes with maps
Read a map, then test yourself straight away. The Trading blocs questions quiz starts with free trade areas. IE Chapter 6 asks about terms of trade, and IE Chapter 5 uses the Heckscher-Ohlin model, so it suits university study. Note which questions you miss, go back to the matching map branch, and try again later.
- Use flashcards such as Economics Globalisation Code for quick recall of lists.
- Use the exam-style quizzes once you know the terms.
- Check the A-level, GCSE and IB mentions in titles to find material close to your course.
Where it sits
This unit belongs to the strand The Global Economy in Economics. It links naturally to the wider topics of globalisation and integration found in the same strand.
Why not open one map today and see which quiz you would like to try after it?
Frequently asked questions
Which resource should I open first?
Start with the IB Economics: International Trade mind map. It gives a quick overview of why countries trade, including specialisation, comparative advantage, lower prices, competition and economies of scale. After that, read the Introduction to International Trade notes, then move to a quiz to check what stuck.
What do the mind maps cover?
They cover reasons for trade, gains from trade, protectionism, trade agreements, stages of economic integration, terms of trade and the balance of payments. Some are essay-style, such as the one assessing the growth of trading blocs, with trade creation, trade diversion and evaluation points.
Which levels and exams do these suit?
The resources are a fairly even split of secondary and university material. Titles and excerpts mention A-level Economics, A-level Business, GCSE Economics and IB Economics. University students and professional candidates will find model-based quizzes, such as those on Heckscher-Ohlin and terms of trade.
Are the resources free to use?
Yes. Every resource on this page is free to open, study and take, with no account needed. They were made by GoConqr users, not by GoConqr itself, so styles and depth vary. Choose the ones that match your course and the way you like to revise.
Is there anything on trading blocs?
Yes. The Trading blocs questions quiz begins with free trade areas, and a mind map assesses how trading blocs affect the global economy. There are also flashcards on the EU and on trade agreements and organisations, plus a mind map on the stages of economic integration.
What if I can't find my exact topic?
Try nearby titles first, such as comparative advantage, protectionism, economic integration or balance of payments, since the same ideas often appear under different names. If a gap remains, you can build your own quiz, map or flashcards on the topic with a free account.