A-LevelEconomicsInternational economic issues9708/12 · Feb/Mar 2024 · 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?
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Aan embargo on imports
Ban exchange rate appreciation
Csubsidy to domestic producers
Dtariff on imports
✓ Correct answer
D: tariff on imports
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