O-LevelCommerceGlobal trade7100/11 · May/June 2011 · Q181 Mark

What can a government do to protect home industries from foreign competition?

Acollect statistics about foreign trade

Bencourage the use of documentary credits

Cincrease import duties

Dprovide bonded warehouses

✓ Correct answer

C: increase import duties

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Topic: Global trade, O-Level Commerce (syllabus 7100). Multiple choice, 1 mark.
Source: O-Level Commerce, May/June 2011 Paper 1 Variant 1, question 18.

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