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Practice Exam Questions

Reducing an Import Tariff MCQ Revision Question

A Level, IB
AQA, Edexcel, OCR, IB, Eduqas, WJEC

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.

MCQ Revision Question: Reducing an Import Tariff

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