Business A-Level
trade liberalisation
What trade liberalisation means in Business A-Level, as defined for AQA.
Definition of trade liberalisation
Check what you remember
Read the wording for your board, then hide it and explain trade liberalisation in your own words. Rough notes are fine. This is a self-check, with no mark or grade.
Reference: AQA
Falling trade barriers under the World Trade Organisation, China's accession in 2001 and the enlargement of the European Union opened markets.
Topics that use trade liberalisation
- Assessing globalisation and internationalisation (AQA A-Level)
Related terms
- competitive rivalry
- contribution per unit
- cultural distance
- Economies of scale
- emerging economy
- exchange rate movements
- falling transport and communication costs
- franchising
Using trade liberalisation in the exam
Check the command word and mark scheme for your exact question. After comparing your explanation with the reference, use the term in an answer on the linked topic. This practice does not predict an exam mark.
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