Trade agreements and trading groups

£ 39.95
Online Lesson | 20 Nov 2026 | Start: 18:00 | DURATION: 2 HOURS

Specification content

3.2.1.3 International trade and access to markets
Global features and trends in the volume and pattern of international trade and investment associated with globalisation.

Trading relationships and patterns between large, highly developed economies such as the United States, the European Union, emerging major economies such as China, India and smaller, less developed economies such as those in sub-Saharan Africa, southern Asia and Latin America.

Learning outcomes
This lesson will help students to understand:

  • what ‘trade agreements and ‘trading blocs are.
  • the main trading blocs around the world.
  • What current intra-regional and inter-regional world trading patterns are including some of the most significant multilateral trade agreements.
  • what the differences between ‘custom unions and ‘common markets are.
  • how trade agreements can present both advantages and disadvantages to signatory countries.

Suggested timing
2 hours

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Course Module: Global systems and global governance (Autumn 2) | Lesson Trade agreements and trading groups:
Online Lesson | 20 Nov 2026 | Start: 18:00 | DURATION: 2 HOURS

Specification content

3.2.1.3 International trade and access to markets
Global features and trends in the volume and pattern of international trade and investment associated with globalisation.

Trading relationships and patterns between large, highly developed economies such as the United States, the European Union, emerging major economies such as China, India and smaller, less developed economies such as those in sub-Saharan Africa, southern Asia and Latin America.

Learning outcomes
This lesson will help students to understand:

  • what ‘trade agreements and ‘trading blocs are.
  • the main trading blocs around the world.
  • What current intra-regional and inter-regional world trading patterns are including some of the most significant multilateral trade agreements.
  • what the differences between ‘custom unions and ‘common markets are.
  • how trade agreements can present both advantages and disadvantages to signatory countries.

Suggested timing
2 hours