Practice Global trade flows with authentic MYP MYP Individuals & Societies exam questions for both SL and HL students. This question bank mirrors Paper 1, 2, 3 structure, covering key topics like core principles, advanced applications, and practical problem-solving. Get instant solutions, detailed explanations, and build exam confidence with questions in the style of MYP examiners.
How do "fast consumption cycles" contribute to sustainability concerns in global trade?
Which ethical dilemma is associated with firms seeking out countries with the 'weakest protections'?
True or False: The impact of transport on sustainability is determined solely by the efficiency of the shipping vessel per item carried.
How does an increase in the availability of cheaper imported clothes specifically affect a family's "real purchasing power"?
In the circular flow of income model, if export revenue increases and other factors remain stable, what is the most likely immediate effect on the domestic economy?
In the supply and demand model for trade, why do domestic producers decrease their quantity supplied to when the world price is lower than the domestic price?
In the circular flow of income model, how are trade flows classified in relation to the domestic economy?
Which of the following describes 'consumer surplus' in the context of global trade?
Why might a government include 'standards' as part of a formal trade agreement?
Beyond purchasing more items, how does a decrease in the price of imported goods increase a family's 'real purchasing power'?
Practice Global trade flows with authentic MYP MYP Individuals & Societies exam questions for both SL and HL students. This question bank mirrors Paper 1, 2, 3 structure, covering key topics like core principles, advanced applications, and practical problem-solving. Get instant solutions, detailed explanations, and build exam confidence with questions in the style of MYP examiners.
How do "fast consumption cycles" contribute to sustainability concerns in global trade?
Which ethical dilemma is associated with firms seeking out countries with the 'weakest protections'?
True or False: The impact of transport on sustainability is determined solely by the efficiency of the shipping vessel per item carried.
How does an increase in the availability of cheaper imported clothes specifically affect a family's "real purchasing power"?
In the circular flow of income model, if export revenue increases and other factors remain stable, what is the most likely immediate effect on the domestic economy?
In the supply and demand model for trade, why do domestic producers decrease their quantity supplied to when the world price is lower than the domestic price?
In the circular flow of income model, how are trade flows classified in relation to the domestic economy?
Which of the following describes 'consumer surplus' in the context of global trade?
Why might a government include 'standards' as part of a formal trade agreement?
Beyond purchasing more items, how does a decrease in the price of imported goods increase a family's 'real purchasing power'?