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Cambridge IGCSE Business Studies practice

What is a primary reason for globalisation?

Try the question first, then check the answer and practise the same topic again.

Show answerBusiness and the international economy revisionRevise the key idea

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MCQ

Type

cambridge_mcq

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Topic

Business and the international economy

Exam-style question

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What is a primary reason for globalisation?.

  1. A.Increased tariffs
  2. B.Advancements in technology
  3. C.Higher import quotas
  4. D.Reduced competition

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Paper 1 structured question: Business and the international economy

Paper 1Short Answer and Data Response1 marks

Description

Globalisation Overview

Globalisation has led to increased interconnectedness among markets, allowing businesses to operate internationally. However, it also brings challenges such as competition from foreign firms.

  1. a

    State one opportunity that globalisation presents for businesses.

    Aim for approximately 1 distinct marking point.

    [1]