This Unit 6 pack has been created based on over ten years of teaching experience and is aligned with the IGCSE Economics syllabus. It provides students with comprehensive practice and answers, designed to help them fully understand the key topics related to International Trade and Globalisation, which is a crucial part of the IGCSE Economics curriculum.
Contents of the Pack:
The Unit 6 pack includes the following key topics:
- Specialisation and Trade: The advantages and disadvantages of specialisation at both the individual and national levels, and how countries can benefit from focusing on the production of goods they are most efficient at producing.
- Free Trade and Protectionism: Examines the benefits of free trade, such as increased consumer choice and efficiency, alongside the arguments for and against protectionism, including tariffs, quotas, and subsidies.
- Multinational Companies (MNCs): The role of multinational corporations in the global economy, their impact on host countries, and how they contribute to globalisation.
- Foreign Exchange Rates: Understanding how exchange rates are determined, the factors that influence them, and the effects of fluctuating exchange rates on a country’s trade and economy.
- Balance of Payments: A breakdown of the current and capital accounts, how deficits and surpluses arise, and the significance of a balanced account for a country’s economic stability.
Contents:
Student Workbook: This version contains a variety of exam-style questions (2, 4, 6, and 8 marks) for students to complete. These questions focus on the topics covered in Unit 6, allowing students to practice answering questions in the same style as the CIE IGCSE exam.
Answer Guide: The answer guide provides detailed model answers for every question. These answers reflect the structure and level of detail expected in CIE exams, helping students understand how to present their knowledge effectively.
Benefits of the Pack:
- Fully aligned with the IGCSE Economics syllabus and exam formats.
- Provides comprehensive coverage of topics related to international trade and globalisation.
- Offers both practice questions and model answers, ensuring students can self-assess their performance and improve their exam technique.
- Designed to help students develop the knowledge and skills needed to achieve high marks in the exam.
This Unit 6 pack is an excellent resource for mastering International Trade and Globalisation, and will provide students with the tools they need to excel in their IGCSE Economics exams.
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