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Economics (AS & A Level) · May / June 2024 · Paper 13 · Question 25

9708Protectionism

What is an unintended consequence of the US government restricting imports of cheap Chinese steel?

  1. AUS importers of steel pay lower prices for steel.
  2. BUS manufacturers become less competitive.
  3. CUS steel makers increase steel production.
  4. DUS steel workers receive higher incomes.

As printed in the paper

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Correct answer: B. US manufacturers become less competitive.

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