A-LevelEconomicsInternational TradeOct/Nov 2020Paper 1 Q201 Mark
In which economic context is the term 'protectionism' usually applied?
Athe protection of consumers against excessive prices
Bthe protection of employees against exploitation by multinational companies
Cthe protection of local producers against foreign competitors
Dthe protection of the foreign exchange rate against currency speculators
✓ Correct Answer
The correct answer is C. 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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