CAIE A-Level Economics AS 6.2 Protectionism Questions

Practise explaining protectionism, comparing policy tools and evaluating their effects on imports, prices, producers and consumers.

Syllabus
2026–2028
Course
Economics 9708
Level
AS

Exam points

  • interpret tariff or quota diagrams to find changes in imports and welfare areas
  • compare tariffs, quotas, subsidies and embargoes by their market effects
  • evaluate protectionist arguments using efficiency, jobs, consumers and retaliation

Question 1

[Maximum number: 1]

In which economic context is the term 'protectionism' usually applied?

A

the protection of consumers against excessive prices

B

the protection of employees against exploitation by multinational companies

C

the protection of local producers against foreign competitors

D

the protection of the foreign exchange rate against currency speculators

Question 2

[Maximum number: 1]

What is not an example of protectionism?

A

export subsidies

B

import subsidies

C

quotas

D

tariffs

Question 3

[Maximum number: 1]

Which policy would not be an argument for the use of import tariffs?

A

They are an effective way of raising revenue.

B

They improve the balance of payments on a current account.

C

They improve a nation's terms of trade in a bilateral agreement.

D

They may lead to retaliation by trading partners.

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