O-LevelEconomicsInternational trade and globalisation2281/11 · May/June 2022 · Q151 Mark
A government removed the quota on goods imported into the country. What is the most likely result of this?
Adecrease in demand for domestic production
Bdecrease in domestic unemployment
Cdecrease in exports
Ddecrease in the balance of trade deficit
✓ Correct answer
A: decrease in demand for domestic production
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