Quiz: Local and Global Markets
WJEC Eduqas GCE A LEVEL in BUSINESS specification
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Building on what you've learned about markets and competition, let's explore local and global markets!
What is a key feature of local markets?
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Which factors can affect global markets? (Select all that apply)
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A {{blank0}} market operates across countries and is influenced by factors such as {{blank1}} rates.
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Match the items on the left with their correct pairs on the right
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What is the profit if a business in a local market sells £200 worth of goods and incurs £150 in costs?
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Which of the following is an example of a global market?
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What are advantages of operating in a global market? (Select all that apply)
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Match the items on the left with their correct pairs on the right
Businesses in a {{blank0}} market must consider factors such as {{blank1}} to meet the needs of international customers.
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