Economics B A-Level
Trade facilitation
What Trade facilitation means in Economics B A-Level, as defined for Pearson Edexcel.
Definition of Trade facilitation
Check what you remember
Read the wording for your board, then hide it and explain Trade facilitation in your own words. Rough notes are fine. This is a self-check, with no mark or grade.
Reference: Pearson Edexcel
Supporting domestic and international trade by reducing transaction costs and providing a reliable medium of exchange, ensuring markets function smoothly.
Topics that use Trade facilitation
- The role of the financial sector (Pearson Edexcel A-Level)
Related terms
- Capital allocation
- Credit rating agencies
- Financial intermediation
- International trade
- Liquidity
- Medium of exchange
- Payment systems
- Saving and borrowing
Using Trade facilitation 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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