Directly related questions
- 20N.3.HL.TZ0.2f.ii: Using the data and the concept of opportunity costs to support your answer, determine which good...
- 20N.3.HL.TZ0.2f.ii: Using the data and the concept of opportunity costs to support your answer, determine which good...
- 20N.3.HL.TZ0.f.ii: Using the data and the concept of opportunity costs to support your answer, determine which good...
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20N.2.HL.TZ0.4a.i:
Define the term absolute advantage indicated in bold in the text (paragraph [3]).
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20N.2.HL.TZ0.4a.i:
Define the term absolute advantage indicated in bold in the text (paragraph [3]).
-
20N.2.HL.TZ0.a.i:
Define the term absolute advantage indicated in bold in the text (paragraph [3]).
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21M.2.HL.TZ0.1a.i:
State two functions of the World Trade Organization (WTO) (paragraph [1]).
-
21M.2.HL.TZ0.1a.i:
State two functions of the World Trade Organization (WTO) (paragraph [1]).
-
21M.2.HL.TZ0.a.i:
State two functions of the World Trade Organization (WTO) (paragraph [1]).
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21M.2.HL.TZ0.1a.ii:
Define the term free trade indicated in bold in the text (paragraph [1]).
-
21M.2.HL.TZ0.1a.ii:
Define the term free trade indicated in bold in the text (paragraph [1]).
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21M.2.HL.TZ0.a.ii:
Define the term free trade indicated in bold in the text (paragraph [1]).
- 18M.3.HL.TZ0.3c: Distinguish between the terms absolute advantage and comparative advantage.
- 18M.3.HL.TZ0.3c: Distinguish between the terms absolute advantage and comparative advantage.
- 18M.3.HL.TZ0.c: Distinguish between the terms absolute advantage and comparative advantage.
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18M.3.HL.TZ0.3a:
Using the diagram, calculate the opportunity cost of producing one tonne of bananas in Country A.
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18M.3.HL.TZ0.3a:
Using the diagram, calculate the opportunity cost of producing one tonne of bananas in Country A.
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18M.3.HL.TZ0.a:
Using the diagram, calculate the opportunity cost of producing one tonne of bananas in Country A.
- 18M.3.HL.TZ0.3b: Using information provided in the diagram to support your answer, determine which country should...
- 18M.3.HL.TZ0.3b: Using information provided in the diagram to support your answer, determine which country should...
- 18M.3.HL.TZ0.b: Using information provided in the diagram to support your answer, determine which country should...
-
18N.2.HL.TZ0.1a.ii:
Define the term comparative advantage indicated in bold in the text (paragraph [5]).
-
18N.2.HL.TZ0.1a.ii:
Define the term comparative advantage indicated in bold in the text (paragraph [5]).
-
18N.2.HL.TZ0.a.ii:
Define the term comparative advantage indicated in bold in the text (paragraph [5]).
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19M.3.HL.TZ0.2b:
Outline the reason why Country X should specialize in the production of apples and Country Y should specialize in the production of bananas.
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19M.3.HL.TZ0.2b:
Outline the reason why Country X should specialize in the production of apples and Country Y should specialize in the production of bananas.
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19M.3.HL.TZ0.b:
Outline the reason why Country X should specialize in the production of apples and Country Y should specialize in the production of bananas.
- 19M.3.HL.TZ0.2c: Outline one reason why it might not be in a country’s best interests to specialize according to...
- 19M.3.HL.TZ0.2c: Outline one reason why it might not be in a country’s best interests to specialize according to...
- 19M.3.HL.TZ0.c: Outline one reason why it might not be in a country’s best interests to specialize according to...
-
19M.3.HL.TZ0.2a:
Sketch and label a diagram to illustrate comparative advantage between Country X and Country Y on Figure 4.
Figure 4
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19M.3.HL.TZ0.2a:
Sketch and label a diagram to illustrate comparative advantage between Country X and Country Y on Figure 4.
Figure 4
-
19M.3.HL.TZ0.a:
Sketch and label a diagram to illustrate comparative advantage between Country X and Country Y on Figure 4.
Figure 4
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18N.3.HL.TZ0.2d:
State two functions of the WTO.
-
18N.3.HL.TZ0.2d:
State two functions of the WTO.
-
18N.3.HL.TZ0.d:
State two functions of the WTO.
-
20N.3.HL.TZ0.2f.i:
Plot and label the production possibility curves for Country J and for Country H, assuming constant opportunity costs, on Figure 4.
-
20N.3.HL.TZ0.2f.i:
Plot and label the production possibility curves for Country J and for Country H, assuming constant opportunity costs, on Figure 4.
-
20N.3.HL.TZ0.f.i:
Plot and label the production possibility curves for Country J and for Country H, assuming constant opportunity costs, on Figure 4.
- 20N.3.HL.TZ0.2g: Explain two gains from trade that arise when Country J and Country H specialize according to...
- 20N.3.HL.TZ0.2g: Explain two gains from trade that arise when Country J and Country H specialize according to...
- 20N.3.HL.TZ0.g: Explain two gains from trade that arise when Country J and Country H specialize according to...
-
20N.2.SL.TZ0.4a.i:
State two functions of the World Trade Organization (WTO) (paragraph [1]).
-
20N.2.SL.TZ0.4a.i:
State two functions of the World Trade Organization (WTO) (paragraph [1]).
-
20N.2.SL.TZ0.a.i:
State two functions of the World Trade Organization (WTO) (paragraph [1]).
Sub sections and their related questions
The benefits of trade
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21M.2.HL.TZ0.1a.ii:
Define the term free trade indicated in bold in the text (paragraph [1]).
-
21M.2.HL.TZ0.1a.ii:
Define the term free trade indicated in bold in the text (paragraph [1]).
-
21M.2.HL.TZ0.a.ii:
Define the term free trade indicated in bold in the text (paragraph [1]).
Absolute and comparative advantage
-
18M.3.HL.TZ0.3a:
Using the diagram, calculate the opportunity cost of producing one tonne of bananas in Country A.
- 18M.3.HL.TZ0.3b: Using information provided in the diagram to support your answer, determine which country should...
- 18M.3.HL.TZ0.3c: Distinguish between the terms absolute advantage and comparative advantage.
-
18N.2.HL.TZ0.1a.ii:
Define the term comparative advantage indicated in bold in the text (paragraph [5]).
-
19M.3.HL.TZ0.2a:
Sketch and label a diagram to illustrate comparative advantage between Country X and Country Y on Figure 4.
Figure 4
-
19M.3.HL.TZ0.2b:
Outline the reason why Country X should specialize in the production of apples and Country Y should specialize in the production of bananas.
- 19M.3.HL.TZ0.2c: Outline one reason why it might not be in a country’s best interests to specialize according to...
-
20N.3.HL.TZ0.2f.i:
Plot and label the production possibility curves for Country J and for Country H, assuming constant opportunity costs, on Figure 4.
- 20N.3.HL.TZ0.2f.ii: Using the data and the concept of opportunity costs to support your answer, determine which good...
- 20N.3.HL.TZ0.2g: Explain two gains from trade that arise when Country J and Country H specialize according to...
-
20N.2.HL.TZ0.4a.i:
Define the term absolute advantage indicated in bold in the text (paragraph [3]).
-
19M.3.HL.TZ0.2a:
Sketch and label a diagram to illustrate comparative advantage between Country X and Country Y on Figure 4.
Figure 4
-
19M.3.HL.TZ0.2b:
Outline the reason why Country X should specialize in the production of apples and Country Y should specialize in the production of bananas.
- 19M.3.HL.TZ0.2c: Outline one reason why it might not be in a country’s best interests to specialize according to...
-
19M.3.HL.TZ0.a:
Sketch and label a diagram to illustrate comparative advantage between Country X and Country Y on Figure 4.
Figure 4
-
19M.3.HL.TZ0.b:
Outline the reason why Country X should specialize in the production of apples and Country Y should specialize in the production of bananas.
- 19M.3.HL.TZ0.c: Outline one reason why it might not be in a country’s best interests to specialize according to...
-
20N.3.HL.TZ0.2f.i:
Plot and label the production possibility curves for Country J and for Country H, assuming constant opportunity costs, on Figure 4.
- 20N.3.HL.TZ0.2f.ii: Using the data and the concept of opportunity costs to support your answer, determine which good...
- 20N.3.HL.TZ0.2g: Explain two gains from trade that arise when Country J and Country H specialize according to...
-
20N.3.HL.TZ0.f.i:
Plot and label the production possibility curves for Country J and for Country H, assuming constant opportunity costs, on Figure 4.
- 20N.3.HL.TZ0.f.ii: Using the data and the concept of opportunity costs to support your answer, determine which good...
- 20N.3.HL.TZ0.g: Explain two gains from trade that arise when Country J and Country H specialize according to...
-
20N.2.HL.TZ0.4a.i:
Define the term absolute advantage indicated in bold in the text (paragraph [3]).
-
20N.2.HL.TZ0.a.i:
Define the term absolute advantage indicated in bold in the text (paragraph [3]).
-
18M.3.HL.TZ0.3a:
Using the diagram, calculate the opportunity cost of producing one tonne of bananas in Country A.
- 18M.3.HL.TZ0.3b: Using information provided in the diagram to support your answer, determine which country should...
- 18M.3.HL.TZ0.3c: Distinguish between the terms absolute advantage and comparative advantage.
-
18M.3.HL.TZ0.a:
Using the diagram, calculate the opportunity cost of producing one tonne of bananas in Country A.
- 18M.3.HL.TZ0.b: Using information provided in the diagram to support your answer, determine which country should...
- 18M.3.HL.TZ0.c: Distinguish between the terms absolute advantage and comparative advantage.
-
18N.2.HL.TZ0.1a.ii:
Define the term comparative advantage indicated in bold in the text (paragraph [5]).
-
18N.2.HL.TZ0.a.ii:
Define the term comparative advantage indicated in bold in the text (paragraph [5]).
The World Trade Organization (WTO)
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18N.3.HL.TZ0.2d:
State two functions of the WTO.
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20N.2.SL.TZ0.4a.i:
State two functions of the World Trade Organization (WTO) (paragraph [1]).
-
21M.2.HL.TZ0.1a.i:
State two functions of the World Trade Organization (WTO) (paragraph [1]).
-
20N.2.SL.TZ0.4a.i:
State two functions of the World Trade Organization (WTO) (paragraph [1]).
-
20N.2.SL.TZ0.a.i:
State two functions of the World Trade Organization (WTO) (paragraph [1]).
-
21M.2.HL.TZ0.1a.i:
State two functions of the World Trade Organization (WTO) (paragraph [1]).
-
21M.2.HL.TZ0.a.i:
State two functions of the World Trade Organization (WTO) (paragraph [1]).
-
18N.3.HL.TZ0.2d:
State two functions of the WTO.
-
18N.3.HL.TZ0.d:
State two functions of the WTO.