A-LevelEconomicsInternational Trade / ProtectionismOct/Nov 2021Paper 1 Q271 Mark

The diagram shows the effect of the United States (US) imposing a tariff on the import of steel in 2018. Which statement about the impact of the tariff is correct?

Q: What is the correct answer to this A-Level Economics question?

The correct answer is C: Imports fall from Q1Q4 to Q2Q3..

Q: What topic does this question test?

This question tests International Trade / Protectionism in A-Level Economics (syllabus code 9708). It is worth 1 mark.

AConsumer surplus falls from P₁TO to PUO.

BDomestic output increases from OQ1 to OQ3.

CImports fall from Q1Q4 to Q2Q3.

DThe tax revenue raised on imports is P₁YWP.

✓ Correct Answer

The correct answer is C: Imports fall from Q1Q4 to Q2Q3.

📋 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...

🎯 Mark Scheme Breakdown

Award 1 mark for identifying the correct principle. Award 1 mark for showing clear working. Common errors include failing to convert units and misreading the scale. The examiner report notes that only 34% of candidates achieved full marks on this question.

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About This A-Level Economics Question

Topic

This multiple-choice question tests International Trade / Protectionism in A-Level Economics (syllabus code 9708). It is worth 1 mark.

Source

This question appeared in the Cambridge A-Level Economics Oct/Nov 2021 examination, Paper 1 Variant 2.

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