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Specification:

  • International trade

Click to watch the video below and then answer the questions:

  • Explain the term trading bloc

  • Outline the meaning of the term ‘single market’

  • Outline one benefit to a business of the UK being member of a trading bloc

  • Using one of the examples from the film, explain how the UK’s new trading relationship with Europe could impact a customer in Europe

  • Evaluate the opportunities and threats to UK businesses as a result of leaving the European Union 

Peter McGinn, Harton Academy

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