Topic Videos
Import Tariffs - Basic Analysis Diagram
- Level:
- A-Level, IB
- Board:
- AQA, Edexcel, OCR, IB, Eduqas, WJEC
Last updated 1 Dec 2018
This short revision video takes students through the basic analysis diagram showing the effects of an import tariff introduced into a domestic market.
Contextual background: Average import tariffs set by the EU
EU tariff by product type (%)
- Animal products 15.7
- Dairy products 35.4
- Fruit, vegetables and plants 10.5
- Coffee, tea 6.1
- Cereals and preparations 12.8
- Sugars and confectionery 23.6
- Beverages and tobacco 19.6
- Wood, paper etc 0.9
- Textiles 6.5
- Clothing 11.5
- Leather, footwear etc 4.1
- Other manufactures 2.6
View our comprehensive playlist of revision videos on PROTECTIONISM over on the Tutor2u Youtube Channel:
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