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Junior Cycle · Junior Cycle Business Studies

Junior Cycle Business Studies: Trade and globalisation

How often Trade and globalisation comes up on the Business Studies papers, every year it was asked, and questions to try.

CL Asked on 6 of the last 6 Common Level papers, most recently in 2026. banker

Trade and globalisation, Common Level(9 marks)

Quick ones on Trade and globalisation.

(a)An Irish dairy firm sells cheese to France. What is this for Ireland?
  1. A visible import
  2. A visible export
  3. An invisible export
(b)An Irish family spends money on a holiday in Spain. What is this for Ireland?
  1. A visible import
  2. An invisible export
  3. An invisible import
(c)Visible exports are €180bn and visible imports are €120bn. What is the balance of trade?
  1. €60bn surplus
  2. €300bn surplus
  3. €60bn deficit
Show the answers

(a) A visible export

(b) An invisible import

(c) €60bn surplus

Your turn: Common Level questions on Trade and globalisation.

Common Level

Asked on 6 of the last 6 Common Level papers, most recently in 2026. banker

Every paper, year by year

YearWhere it came up
2026Q6
2025Q18b
2024Q16a
2023Q12
2022Q17c
2019Q2, Q9

Links open the State Examinations Commission’s paper for that year.

More Trade and globalisation questions

Trade and globalisation, 3 marks

Which is a challenge of globalisation for a small Irish business?

  1. A smaller market in which to sell goods
  2. No access to foreign suppliers
  3. More competition from foreign firms
Show the answer

More competition from foreign firms

Globalisation opens bigger markets but also lets foreign firms, often larger and cheaper, compete here. Small firms must win on quality, service or local appeal.

Other Business Studies topics

All of Junior Cycle Business Studies