CourseCourseConceptConceptDocumentDocument

CAIE IGCSE Economics 6.2.5 Reasons for Trade Restrictions Questions

Practise Cambridge IGCSE Economics by defining dumping, explaining why governments restrict imports and evaluating tariffs and infant-industry protection.

Syllabus
2027–2029
Course
Economics 0455

Exam points

  • Define dumping as foreign firms selling goods below their production cost or below the domestic market price.
  • Explain reasons for restricting trade, including protecting infant industries, preventing dumping, supporting domestic output and improving the balance of payments.
  • Evaluate tariffs or other restrictions by weighing domestic producers, consumers, efficiency, retaliation and long-run trade effects.

CAIE IGCSE Economics 6.2.5 Reasons for Trade Restrictions Questions question 1

[Maximum number: 1]

A government imposes tariffs on imported goods.
What is not a likely reason for this?

A

to boost domestic output

B

to influence the country's balance of payments

C

to protect domestic employment

D

to reduce the exports from the country

All question bank results loaded