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Economics · May / June 2016 · Paper 12 · Question 28

2281Globalisation and trade restrictions

A country says that it wishes to increase its trade protection policies. What might that involve?

  1. Aconservation of resources and taxes on external costs
  2. Beliminating waste in the use of resources and grants to multinational companies
  3. Cincreased self sufficiency and increased tariffs
  4. Dprice controls and increased regulations on domestic monopoly industries

As printed in the paper

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Correct answer: C. increased self sufficiency and increased tariffs

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