Note AcademyNote Academy
Start

Economics (AS & A Level) · May / June 2025 · Paper 13 · Question 28

9708Protectionism

A government increases the import quota of cars. What is the likely effect of this?

  1. Ajobs will be created in the domestic car industry
  2. Bprices of cars will fall for domestic consumers
  3. Cspecialisation is reduced
  4. Dtrading partners will retaliate

As printed in the paper

Show the answer

Correct answer: B. prices of cars will fall for domestic consumers

Sit this whole paper →More on Protectionism

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