Economics 0455 · IGCSE · Globalisation, free trade and protection

Globalisation, free trade and protection — practice question

Which trade-protection method would allow domestic firms to reduce their prices and offer lower prices than imported goods?

  • Aa subsidy
  • Ba tariff
  • Can embargo
  • Dan import quota

Worked solution & mark scheme

This 1-mark question has a full step-by-step worked solution and mark scheme.

  • Full mark scheme, point by point
  • Step-by-step worked solution
  • Write your answer & get it marked instantly by AI