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Economics (AS & A Level) · Oct / Nov 2024 · Paper 12 · Question 28

9708Protectionism

What is not an example of protectionism?

  1. Athe European Union (EU) requiring goods imported into member states to meet safety standards
  2. Bthe Pakistan government increasing the rate of goods and services tax (GST) on some exported goods from 2% to 5%
  3. Cthe Nigeria government banning the import of packaged sugar
  4. Dthe US imposing a 35% tariff on tyres imported from China

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Correct answer: B. the Pakistan government increasing the rate of goods and services tax (GST) on some exported goods from 2% to 5%

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