Conditions that prompt trade
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- 45 marks
- about 50 minutes
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Question types: multiple choice, multi-part, true or false, fill the gap, matching.
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A UK sportswear firm finds that almost every potential customer in its home market already owns its products, leaving very little room left to grow sales domestically, so it starts looking at expanding into new countries instead. This is best described as an example of:
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About this resource
Edexcel Economics B (9EB0) Theme 3 'The global economy' (Paper 2), Unit T3-2 'Business expansion and global companies' — spec ref 3.2.1. Why firms choose to trade and expand abroad: PUSH factors from a saturated home market (slow growth, intense competition, high domestic costs) versus PULL facto…
19 slides.
Lesson outline
- Do Now — Retrieval
- Hinge Check — Push or Pull?
- Push Factors: Problems at Home
- Pull Factors: Attractions Abroad
- Hinge Check — Which Pull Factor Is This?
- Push vs Pull Factors — Mapped
- Quick Check — Push or Pull?
- Offshoring vs Outsourcing
- Hinge Check — Offshoring or Outsourcing?
- Apply It — GreenLeaf Teas Ltd
- Extending the Product Life Cycle Abroad
- Hinge Check — Extending the PLC
More from Theme 3 · The global economy
- Lesson pack · T3-1aGrowing economies and rising incomesSubscription
- Lesson pack · T3-1bTrade, growth and FDISubscription
- Lesson pack · T3-1cTrading blocsSubscription
- Lesson pack · T3-1dTrade policy and protectionismSubscription
- Lesson pack · T3-1eExchange-rate changes and the EurozoneSubscription
- Lesson pack · T3-2bAssessing Economies as a Production Location and MarketSubscription
- Lesson pack · T3-2cResponding to Global DemandSubscription
- Lesson pack · T3-2dDemand-Side Factors in Global MarketsSubscription


