A-LevelEconomicsInternational economic issues9708/12 · Oct/Nov 2020 · 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

C: the protection of local producers against foreign competitors

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Topic: International economic issues, A-Level Economics (syllabus 9708). Multiple choice, 1 mark.
Source: A-Level Economics, Oct/Nov 2020 Paper 1 Variant 2, question 20.

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