Practice Exam Questions
Abolishing Tariffs MCQ Revision Question
- Level:
- A-Level, IB
- Board:
- AQA, Edexcel, OCR, IB, Eduqas, WJEC
Last updated 21 Mar 2021
This exam question asks students to analyse the likely effect of a country opting to abolish import tariffs. What impact might this have on the inflation rate and unemployment in the short run?
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Key Diagrams - Import Quotas and Economic Welfare
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Key Diagrams - Import Quotas
Topic Videos
Key Diagrams - Import Tariffs and Economic Welfare
Topic Videos