A-LevelEconomicsInternational Trade (Tariffs)Oct/Nov 2025Paper 1 Q301 Mark
The diagram shows the effect of a government removing the tariff on imports of rice into its country. [Figure 30.1] How would the removal of this tariff affect the consumer surplus and the government's revenue?
Aconsumer surplus: increases by VUT, government revenue: decreases by WVTX
Bconsumer surplus: increases by VUT, government revenue: decreases by WVQ3Q2
Cconsumer surplus: increases by P₁VUP2, government revenue: decreases by WVTX
Dconsumer surplus: increases by P₁VUP2, government revenue: decreases by WVQ3Q2
✓ Correct Answer
The correct answer is C. This question tests the candidate's understanding of international trade (tariffs) 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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