Patterns of trade

Extract F (lines 1–2) states: ‘While some see the benefits of the emergence of the BRICS+ economies, others are more worried by their rapid economic growth.’

Using the data in the extracts and your knowledge of economics, assess the view that the continued rapid economic growth of the BRICS+ economies is likely to be damaging to the macroeconomic performance of G7 nations, such as the UK.

Explain reasons for changes in the value of exports from the UK to the rest of the world.

Evaluate the view that international trade always benefits nations.

Explain the possible reasons for changes in the pattern of trade between the UK and the rest of the world.

sector.