Import Protectionism Explained
- AQA, Edexcel, OCR, IB
Last updated 26 Aug 2020
Protectionism represents any attempt to impose restrictions on trade in goods and services
10 Examples of Non-Tariff Barriers - revision video
25 Mark Essay Example
Key exam point:
Most students in exam questions on protectionism focus their answers on import tariffs. The best students recognise that there are many types of trade restriction and they make a clear distinction between tariff and non-tariff barriers. There are many subtle forms of trade restriction, sometimes known as “hidden protectionism” and it is a good idea to have some recent applied examples of these in your study notes ahead of your final exam.