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IB Economics HL: International Economics Internal Assessment Exemplar - Grade 7

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In 2020, I received 45 points in IB, including a 7 in HL Economics. This IA formed one third of my Economics IA which allowed me to achieve that grade. Understanding this essay's style, structure and presentation will help boost your IA mark considerably. The essay discusses an article titled, 'UK to apply to join free trade pact with nations on other side of world'. It examines the economic impact of free trade agreements in terms of exports, allocative efficiency, competition and consumer surplus. This essay is to be used as an exemplar ONLY, to show an example of what a high-scoring IA looks like. Academic honesty is extremely important in the IB, and any plagiarism will risk your whole qualification.

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Economics IA: Article Commentary 3




Title: UK to apply to join free trade pact with nations on other side of

world


Source: The Guardian


https://www.theguardian.com/politics/2021/jan/30/uk-to-apply-
Article Link:
to-join-free-trade-pact-with-nations-on-other-side-of-world


Date of Article: 30th January 2021


Date of Writing: 9th February 2021


Section: International Economics

, This article is about the UK’s intention to join the Comprehensive and Progressive Trans-

Pacific Partnership (CPTPP), a Free Trade Agreement (FTA) between 11 Asian and Pacific

countries. If successful, the UK will have tariff-free trade with a market of more than 500

million people.




Taking the UK rubber market as an example of a market that may be affected, the impacts of

economic integration can be shown.

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A
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