O-LevelCommerceGlobal trade7100/11 · Oct/Nov 2012 · Q181 Mark

The diagram summarises the advantages to a country when a restriction is imposed on imported goods. Which type of restriction is marked X in the diagram?

This question uses a diagram from the original paper, which isn't shown here. Open the full paper from the past papers archive to see it.

Aembargo

Bexcise duty

Cimport duty

Dquota

✓ Correct answer

D: quota

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Topic: Global trade, O-Level Commerce (syllabus 7100). Multiple choice, 1 mark.
Source: O-Level Commerce, Oct/Nov 2012 Paper 1 Variant 1, question 18.

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