Economics B A-Level
Location in a trade bloc
What Location in a trade bloc means in Economics B A-Level, as defined for Pearson Edexcel.
Definition of Location in a trade bloc
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Reference: Pearson Edexcel
Siting production within a trade bloc, which allows tariff-free access to larger markets.
Topics that use Location in a trade bloc
- Assessing the potential of different economies (Pearson Edexcel A-Level)
Related terms
- Consumer demand
- Costs of production
- Ease of doing business
- Government incentives
- Infrastructure
- Likely return on investment
- Political stability
Using Location in a trade bloc in the exam
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