A-LevelEconomicsInternational TradeFeb/Mar 2018Paper 1 Q271 Mark
Which argument in favour of protectionism is not generally regarded as economically valid?
AIt increases the standard of living of the population in general.
BIt prevents heavily-subsidised imports from competing unfairly against domestic goods.
CIt provides time for the protected industry's workers to be retrained for other work.
DOnce the protected industry becomes established, it will produce efficiently.
✓ Correct Answer
The correct answer is A. This question tests the candidate's understanding of international trade within the Economicssyllabus. The examiner's mark scheme requires...
📋 Examiner Report & Trap Analysis
Common mistake: 62% of candidates selected the distractor because they confused... The examiner specifically designed this question to test whether students can differentiate between... To secure full marks, candidates must demonstrate...
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