The diagram shows the domestic and world demand and supply for a good. [Diagram] The government imposes a tariff on imports of the good. What will happen to the quantity imported?
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.
✓ Correct answer
B: It will fall from Q1Q5 to Q2Q4.
Practise more questions on this topic
Oracle Prep sorts past-paper questions by topic, so you can drill International economic issues and see which topics are most likely to come up next.
Sign up free →