Day: June 4, 2022

What will be the immediate effect of the removal of tariffs on imported consumer goods.

Select ONE answer:

1. a decrease in the cost of living
2. a decrease in free trade
3. an increase in customs revenues received by the government
4. an increase in the level of domestic employment

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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