Economics Multiple Choice Question – 9 April 2022

Which action increases and which action decreases the level of protectionism?

Select ONE answer:

1. increases protectionism – imposing an embargo & decreases protectionism – reducing subsidies to domestic producers
2. increases protectionism – imposing exchange controls & decreases protectionism – lowering quota levels
3. increases protectionism – introducing voluntary export agreements & decreases protectionism – increasing subsidies to domestic producers
4. increases protectionism – removing quotas & decreases protectionism – introducing embargos

Show your workings to arrive at your answer, and explain and justify your reasons:

……………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………

This multiple-choice question is suitable for Economics KS4 and KS5 classes.

The answer is 1

1. Correct
2. Not correct
3. Not correct
4. Not correct

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