Business A-Level
Globalization and Trade Liberalization
What Globalization and Trade Liberalization means in Business A-Level, as defined for Pearson Edexcel.
Definitions of Globalization and Trade Liberalization
Exam boards and our study guides word this term in slightly different ways. Learn the version your board uses.
The systematic reduction of trade barriers, such as tariffs and quotas, facilitated by international bodies like the WTO, which enables the free movement of capital, labor, and goods.
The systematic reduction of trade barriers and the role of international organizations like the WTO in facilitating global economic integration.
Topics that use Globalization and Trade Liberalization
- Global markets and business expansion (Pearson Edexcel A-Level)
- Theme 4: Global business (Pearson Edexcel A-Level)
Related terms
Using Globalization and Trade Liberalization in the exam
Definition questions usually carry one or two marks, and examiners look for the precise wording. Write the definition from memory, check it against the version above, and then use the term in a longer answer on the same topic so it sticks.
Practise Business questions
Create a free account to answer exam-style questions on this topic and get feedback on your answers.
Start free
All Business A-Level terms7 days Premium · Then free forever · No card, no charge