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O-LevelEconomicsInternational trade and globalisation2281/12 · May/June 2018 · Q271 Mark

A country wishes to follow a policy of trade protection. Which action would it take?

Aincrease the level of import quotas
Breduce import tariffs
Cremove exchange controls
Dsubsidise export producers

✓ Correct answer

D: subsidise export producers

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About this question

Topic
International trade and globalisation, O-Level Economics (syllabus 2281). Multiple choice, 1 mark.
Source
O-Level Economics, May/June 2018 Paper 1 Variant 2, question 27.

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