Economics (AS & A Level) · Feb / March 2024 · Paper 12 · Question 29
9708Protectionism
The diagram shows the market for both domestic and imported computers for an economy. The world price is p1. Which government policy would lead to a price of p2?
- Aan embargo on imports
- Ban exchange rate appreciation
- Ca subsidy to domestic producers
- Da tariff on imports
As printed in the paper
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Correct answer: D. a tariff on imports
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