Topic updates

Barriers to Trade - Applied Examples and a Retrieval Activity

Geoff Riley

10th October 2022

We have been covering trade protectionism in class over recent days. As always there is a wealth of current applied examples to consider when analysing and evaluating.

Here is one on EU steel import quotas - it seems that the quotas are almost exhausted just months into the current period of import control. In a related story - back in July it was reported that the UK is to extend steel import quotas and tariffs for two years - reported here in the FT.

And here is news that India has raised import duty on platinum to 15.4%

And in a commentary on a long-running trade dispute, read Chris Miller from the Financial Times on The US-China chip war is reshaping tech supply chains

To help embed the concepts - here is a low-stakes retrieval activity on barriers to international trade

You'll find lots of good revision videos on trade protectionism on the tutor2u You Tube channel - here is a link to a playlist.

Geoff Riley

Geoff Riley FRSA has been teaching Economics for over thirty years. He has over twenty years experience as Head of Economics at leading schools. He writes extensively and is a contributor and presenter on CPD conferences in the UK and overseas.

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