Economics Multiple Choice Question – 9 April 2022

The home of multiple choice questions for all your KS3, KS4 and KS5 Business Studies, Economics and Accounting requirements.

Economics
Photo by Kelly Lacy on Pexels.com

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

Creative Commons License
This work is licensed under a Creative Commons Attribution 4.0 International License.

Author: stuart001uk2014

Referral marketing, business, economics and accounting s​pecialist & corporate mentor

Leave a Reply

Please log in using one of these methods to post your comment:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

%d bloggers like this: