O-LevelEconomicsInternational trade and globalisation2281/12 · Oct/Nov 2025 · Q281 Mark
An economy raises its tariffs on imported goods. What is the most likely result?
Afall in the rate of inflation
Ban increase in consumer choice
Can increase in domestic production
Dthe current account of the balance of payments moves into a deficit
✓ Correct answer
C: an increase in domestic production
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