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O-LevelCommerceGlobal trade7100/12 · May/June 2021 · Q151 Mark

Why might a government impose quotas on imports?

Ato increase imports
Bto prevent smuggling
Cto protect local industries
Dto raise tax revenue

✓ Correct answer

C: to protect local industries

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About this question

Topic
Global trade, O-Level Commerce (syllabus 7100). Multiple choice, 1 mark.
Source
O-Level Commerce, May/June 2021 Paper 1 Variant 2, question 15.

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