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Economics · Oct / Nov 2021 · Paper 13 · Question 29

2281Globalisation and trade restrictions

What is a reason for trade protection?

  1. Ato reduce a deficit on the current account of the balance of payments
  2. Bto reduce a surplus on the current account of the balance of payments
  3. Cto reduce economic growth
  4. Dto reduce inflation

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Correct answer: A. to reduce a deficit on the current account of the balance of payments

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