Economics 9708 · AS & A Level · Protectionism

Protectionism — practice question

Which policy would not support the introduction of import tariffs?

  • AThey are an effective way of raising revenue.
  • BThey improve the balance of payments on a current account.
  • CThey improve a nation’s terms of trade in a bilateral agreement.
  • DThey may lead to retaliation by trading partners.

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