O-LevelCommerceGlobal trade7100/12 · Oct/Nov 2012 · Q181 Mark

Why do developing countries want to keep some import tariffs?

Ato encourage the import of cheap foreign food

Bto prevent the entry of illegal goods through smuggling

Cto protect their farmers from cheap foreign food imports

Dto put an embargo on the import of goods and services

✓ Correct answer

C: to protect their farmers from cheap foreign food imports

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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 2, question 18.

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