Note AcademyNote Academy

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?

  1. Aan embargo on imports
  2. Ban exchange rate appreciation
  3. Ca subsidy to domestic producers
  4. Da tariff on imports

As printed in the paper

Show the answer

Correct answer: D. a tariff on imports

Make a free account to save your answers and see your weak topics and ask the AI why a wrong answer is wrong.