Economics 9708 · AS & A Level · Protectionism

Protectionism — practice question

What economic advantage could a major economy gain by imposing a tariff on imported goods?

  • AIt would increase labour productivity.
  • BIt would increase pressure on foreign suppliers to reduce their prices.
  • CIt would make the country’s exports more competitive.
  • DIt would reduce the prices paid by consumers for imported goods.

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