A-LevelEconomicsProtectionismFeb/Mar 2024Paper 1 Q291 Mark
The diagram shows the market for both domestic and imported computers for an economy. The world price is p₁. [Figure 29.1] Which government policy would lead to a price of p₂?
Aan embargo on imports
Ban exchange rate appreciation
Csubsidy to domestic producers
Dtariff on imports
✓ Correct Answer
The correct answer is D. This question tests the candidate's understanding of protectionism 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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