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Economics · Oct / Nov 2017 · Paper 13 · Question 30

2281Specialisation and free trade

What policy would encourage greater international specialisation?

  1. Athe promotion of industrial diversification
  2. Bthe protection of new businesses
  3. Cthe reduction of tariffs
  4. Dthe subsidising of service industries

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Correct answer: C. the reduction of tariffs

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