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Economics · Oct / Nov 2019 · Paper 12 · Question 28

2281Globalisation and trade restrictions

What is a disadvantage of trade protection of manufactured goods?

  1. AIt can lead to retaliation from trading partners.
  2. BIt encourages infant industries to grow.
  3. CIt increases demand for domestic manufactured goods.
  4. DIt reduces outflows of currencies to pay for imports.

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Correct answer: A. It can lead to retaliation from trading partners.

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