Study Notes
International Trade
- Level:
- A-Level
- Board:
- AQA, Edexcel, OCR, IB
Last updated 3 Jul 2018
Trade is the exchange of products between countries. When conditions are right, trade brings benefits to all countries involved and can be a powerful driver for sustained GDP growth and rising living standards
Revision Video: Ricardo's Theory of Comparative Advantage and the Potential Gains from Trade
Test your knowledge: MCQs on International Trade
You might also like
Globalisation - Intra Regional Trade
Study Notes
![](https://tutor2u-net.imgix.net/user-photos/gbr_profile.jpg?auto=compress%2Cformat&crop=focalpoint&fit=crop&fp-x=0.5&fp-y=0.5&h=100&q=80&w=100)
Chinese businesses winning contracts on the new Silk Road
8th September 2015
![](https://tutor2u-net.imgix.net/user-photos/gbr_profile.jpg?auto=compress%2Cformat&crop=focalpoint&fit=crop&fp-x=0.5&fp-y=0.5&h=100&q=80&w=100)
2016 - Are we heading for another Global Crash?
29th January 2016
![](https://tutor2u-net.imgix.net/user-photos/gbr_profile.jpg?auto=compress%2Cformat&crop=focalpoint&fit=crop&fp-x=0.5&fp-y=0.5&h=100&q=80&w=100)
Inward and Outward Thinking in 2017
15th January 2017
Gains from Trade - Key Assumptions
Topic Videos
What is a hub economy?
Study Notes