O-LevelEconomicsInternational trade and globalisation2281/12 · May/June 2020 · Q271 Mark

Which protectionist measure would be most suitable for a government to use to support the growth in exports of an industry?

Aembargo

Bquota

Csubsidy

Dtariff

✓ Correct answer

C: subsidy

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Topic: International trade and globalisation, O-Level Economics (syllabus 2281). Multiple choice, 1 mark.
Source: O-Level Economics, May/June 2020 Paper 1 Variant 2, question 27.

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