A-LevelEconomicsInternational TradeMay/June 2015Paper 1 Q201 Mark
How might trade protection reduce a country's ability to compete in export markets?
Aby increasing firms' profit margins on goods supplied to the domestic market
Bby increasing the cost to the country's manufacturers of imported components
Cby increasing the real disposable income of the country's consumers
Dby making the country more attractive to inward investors
✓ Correct Answer
The correct answer is B. This question tests the candidate's understanding of international trade 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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