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Economics · May / June 2019 · Paper 11 · Question 29

2281Globalisation and trade restrictions

In 2013, the European Union (EU) levied a 48% tariff on low-priced Chinese solar panels because the low price was the result of subsidies from the Chinese government. Which argument for protectionism was the EU using?

  1. Athe anti-dumping argument
  2. Bthe infant industry argument
  3. Cthe strategic industry argument
  4. Dthe sunset industry argument

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Correct answer: A. the anti-dumping argument

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