A-LevelEconomicsInternational economic issues9708/12 · Oct/Nov 2021 · Q221 Mark

Which argument for protection would be most relevant if the government of country X decided to exercise voluntary export restraint in its trade with country Y?

AVoluntary export restraint would achieve an immediate correction for X’s balance of trade deficit.

BVoluntary export restraint would cause the level of GDP to increase in country X.

CVoluntary export restraint would help to negotiate improved trading conditions between X and Y.

DVoluntary export restraint would help to reduce the level of unemployment in country X.

✓ Correct answer

C: Voluntary export restraint would help to negotiate improved trading conditions between X and Y.

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.

Topic: International economic issues, A-Level Economics (syllabus 9708). Multiple choice, 1 mark.
Source: A-Level Economics, Oct/Nov 2021 Paper 1 Variant 2, question 22.

Questions and mark schemes are from past examination papers and remain the copyright of the exam board. How Oracle Prep builds its content