Economics B A-Level
Economic interdependence
What Economic interdependence means in Economics B A-Level, as defined for Pearson Edexcel.
Definition of Economic interdependence
Check what you remember
Read the wording for your board, then hide it and explain Economic interdependence in your own words. Rough notes are fine. This is a self-check, with no mark or grade.
Reference: Pearson Edexcel
The mutual reliance between economies for goods, services, and capital, often intensified within regional trading blocs.
Topics that use Economic interdependence
- Trading blocs (Pearson Edexcel A-Level)
Related terms
- Free trade area
- Macroeconomic shocks
- Single market
- Supply chain integration
- Trade creation
- Trade diversion
- Trading blocs
- Economic integration
Using Economic interdependence in the exam
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