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1 No country is self-sufficient. All countries have to sell to and buy from other countries. This movement of goods and services between countries is called trade. (1.1) What do you understand by the term ‘trade gap’? ) (1.2) When does a trade deficit take place? @) (1.3) Define the term ‘fair trade’. What are its aims? (4) (1.4) Why do governments sometimes choose to impose trade barriers in their country despite the fact that free trade increases the worldwide standard of living? (2) (1.5) Import quotas, import tariffs and cartels are all examples of trade barriers. Explain the meaning of these terms. (6) 21 Discuss FIVE factors which shape the national identity of a country. v (5) European citizenship is additional to national citizenship and does not replace it. Explain the difference between these two types of citizenship. Q) (2.4) What is international trade with restrictions of imports or exports called? a) (2.5) What do you understand by the term protectionism? In what ways does protectionism encourage infant industries to enter the competitive market? (4) Ll Industries are grouped into THREE main categories. Which are these three main categories? i industry ii. or industry iii or industry (3) Insert the title of each category in the first row of the empty table below and then write the following words into their correct category: construction. farming education Quarrying entertainment fishing engineering textiles production insurance shipbuilding media Transportation Category (i) Category (ii) Category (iii) © (1.2) Which of the above sectors is growing most rapidly? List SIX typical occupations in this sector related to the entertainment industry. w vi @)

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