ILO:
a) Measures of international competitiveness:
o relative unit labour costs
o relative export prices

b) Factors influencing international competitiveness

c) Significance of international competitiveness:
o benefits of being internationally competitive
o problems of being internationally uncompetitive

Measures of international competitiveness

Explain how the changes on South Korea's export prices could impact their international competitiveness. (5)
Source : EU
Watch the revision video on unit labour costs to consolidate your knowledge:
Unit Labour Costs I A Level and IB Economics

Factors influencing international competitiveness

Assess how important rising wages are to China's international competitiveness. (10 marks)
China wage growth is soaring | World
China's Race for AI Supremacy

Significance of international competitiveness

Assess the importance of Ethiopia's international competitiveness for its growth and development? (12)
Strengthening Export Performance Through Improved Competitiveness in Ethiopia
Watch the revision video to identify context regarding the UK's international competitiveness:
UK Economy Update 2019:Trade & Competitiveness
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International competitiveness revision webinars:

Consolidate your understanding of international competitiveness:
International Competitiveness
Policies to Improve International Competitiveness
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