Economics 0455 · IGCSE · Globalisation, free trade and protection

Globalisation, free trade and protection — practice question

A government abolished the quota on goods brought into the country. What is the most likely effect of this?

  • Aa decrease in demand for domestic production
  • Ba decrease in domestic unemployment
  • Ca decrease in exports
  • Da decrease in the balance of trade deficit

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