Economics 9708 · AS & A Level · Protectionism

Protectionism — practice question

(a)[2]

Compare the change in the price level in Myanmar with that in Cambodia between 2016 and 2018.

(b)[2]

Compare the current account balance of Myanmar with that of Cambodia in 2018.

(c)[4]

Explain any two policies that could improve the competitiveness of rice from Myanmar and Cambodia in the EU market.

(d)[6]

Discuss two factors that will determine the extent of the impact the EU tariffs will have on the economies of Myanmar and Cambodia.

(e)[6]

Discuss the view that the EU should give tariff-free access to the EU market to all producers of rice.

Worked solution & mark scheme

This 20-mark question has a full step-by-step worked solution and mark scheme. One marking point: Both price levels rose / both countries had inflation

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