The US government decides to reduce the size of the quota on a good it buys from China. What is likely to happen?

0455_s19_qp_12

MCQ

2019

Paper 1, Variant 2

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The US government decides to reduce the size of the quota on a good it buys from China. What is likely to happen?

0455_s19_qp_13

MCQ

2019

Paper 1, Variant 3

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Which protectionist measure would be most suitable for a government to use to support the growth in exports of an industry?

0455_s20_qp_12

MCQ

2020

Paper 1, Variant 2

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Which method of protection always reduces the supply of an imported good to zero?

0455_s21_qp_11

MCQ

2021

Paper 1, Variant 1

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What is the most likely benefit for a low-income economy if it removes tariffs on imported goods and services?

0455_s21_qp_12

MCQ

2021

Paper 1, Variant 2

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A government removed the quota on goods imported into the country. What is the most likely result of this?

0455_s22_qp_12

MCQ

2022

Paper 1, Variant 2

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A government removed the quota on goods imported into the country. What is the most likely result of this?

0455_s22_qp_13

MCQ

2022

Paper 1, Variant 3

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It is cheaper for developed economies to buy some cereals from developing economies than to produce them domestically. What might reduce international trade in cereals?

0455_s23_qp_11

MCQ

2023

Paper 1, Variant 1

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Country X exports steel to country Y at a price below its cost of production. This has led to a fall in demand for steel produced in country Y. What is a method of trade protection that country Y could use to reduce the imports of steel from country X?

0455_s23_qp_12

MCQ

2023

Paper 1, Variant 2

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What is certain to encourage a higher level of international trade?

0455_s23_qp_13

MCQ

2023

Paper 1, Variant 3

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