Differential access to markets and its impacts on economic and societal well-being
Countries do not get equal access to global markets. Richer, more powerful nations trade on better terms, leaving poorer countries with fewer economic opportunities and lower living standards.
Real World
Bangladeshi garment manufacturers export 90% of their output to the EU and USA, yet face steep tariff escalation on finished clothing compared to raw cotton, trapping the country in lower-value stages of the textile supply chain.
Exam Focus
Link differential market access directly to a development outcome — for example, lower export earnings → reduced government revenue → underfunded healthcare.
Essay Framework
Use PEEL to structure every paragraph. Tap each step for guidance and an example.
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