AS Level Economics- Protectionism
Authored by Nhung Lê
Others
11th Grade
Used 1+ times
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7 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Overwhelming processes that an import company has to go through including paperwork, forms, procedures
Tariff
Excessive Administrative Burden
Embagoes
Export subsidies
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Tax imposed on import
Export subsidies
Import quotas
Tariff
Export tariff
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The limit amount of goods that can be imported
Import quota
Trade deficit
Current account
Export subsidies
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
An official ban on trade
Embagoes
Import quotas
Balance of payment
Excessive administrative burden
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Reason for protetionism
To protect consumers
To protect infant industries
To protect relationships among countries
To protect current account
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Protectionism is applied
To prevent dumping
To prevent trade war
To prevent limitation of choice for customers
To provide more goods at cheaper price and better quality
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Reason against the protectionism
Harm relationship between countries
To prevent declining industries
To improve the term of trade
To provide protection from cheap labour
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