Practice Exam Questions
Reducing an Import Tariff MCQ Revision Question
- Level:
- A-Level, IB
- Board:
- AQA, Edexcel, OCR, IB, Eduqas, WJEC
Last updated 21 Mar 2021
This is a slightly unexpected twist on the usual tariff diagram question. Students are asked to apply their understanding of the effects on domestic producers of a decision by a government to LOWER an import tariff. We provide a chain of reasoning for the correct answer.
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