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Economics · May / June 2018 · Paper 12 · Question 27

2281Globalisation and trade restrictions

A country wishes to follow a policy of trade protection. Which action would it take?

  1. Aincrease the level of import quotas
  2. Breduce import tariffs
  3. Cremove exchange controls
  4. Dsubsidise export producers

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Correct answer: D. subsidise export producers

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