Economics 0455 · IGCSE · Globalisation, free trade and protection

Globalisation, free trade and protection — practice question

The diagram illustrates the market for imported cars. Which government action might be represented by the shift in the diagram?

  • Aan embargo
  • Ban exchange rate revaluation (appreciation)
  • Can import tax
  • Da 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