O-LevelEconomicsInternational trade and globalisation2281/13 · Oct/Nov 2024 · Q281 Mark

A country wants to limit the number of imported cars to a maximum of 100 000 in a year. Which measure is most likely to achieve this objective?

Aan embargo

Ban import quota

Can import tariff

Dsubsidy

✓ Correct answer

B: an import quota

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Topic: International trade and globalisation, O-Level Economics (syllabus 2281). Multiple choice, 1 mark.
Source: O-Level Economics, Oct/Nov 2024 Paper 1 Variant 3, question 28.

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