Economics GCSE
Trade Liberalisation
What Trade Liberalisation means in Economics GCSE, as defined for Pearson Edexcel.
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: Pearson Edexcel
The removal or reduction of restrictions or barriers on the free exchange of goods between nations.
Topics that use Trade Liberalisation
- Globalisation (Pearson Edexcel GCSE)
Related terms
- Globalisation
- Structural unemployment
- Foreign Direct Investment (FDI)
- Tariff
- Transnational Corporation (TNC)
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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