Globalisation
National economies and businesses become more connected through trade, investment and technology.
CAIE IGCSE Business 0264 - Paper 2
6.2 Business and the international economy
Topical Past-Paper Questions
Why it’s here: Globalisation, exchange rates, international trade, tariffs and multinational businesses.
Key concepts to revise
The main ideas to know for 6.2 Business and the international economy.
Exchange rates
Currency appreciation and depreciation change import costs and export competitiveness.
Trade protection
Tariffs and quotas protect domestic producers but can raise prices and costs.
Multinational businesses
Operating in several countries brings new markets, resources, risks and responsibilities.
Exam material
Past-paper questions
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