O-LevelEconomicsInternational trade and globalisation2281/11 · May/June 2016 · Q281 Mark
A country says that it wishes to increase its trade protection policies. What might that involve?
Aconservation of resources and taxes on external costs
Beliminating waste in the use of resources and grants to multinational companies
Cincreased self sufficiency and increased tariffs
Dprice controls and increased regulations on domestic monopoly industries
✓ Correct answer
C: increased self sufficiency and increased tariffs
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