Edexcel IGCSE Economics 2.2.2 B Reasons for Protection Questions
Practise protection-reason questions by defining dumping or infant industries and linking protection to jobs or government aims.
- Syllabus
- First assessment 2019
- Course
- Economics 4EC1
Exam points
- Distinguish dumping from other trade terms using below-cost export pricing.
- Define dumping with both elements: selling goods abroad and pricing them below production cost.
- Define infant industries as new or fledgling industries that have not yet established themselves.
- Identify job protection as a trade-policy aim, rejecting dumping, freer trade and larger deficits.
Edexcel IGCSE Economics 2.2.2 B Reasons for Protection Questions question 1
[Maximum number: 1]
Which one of the following is a reason why there is protection for international trade?
A
To allow dumping
B
To promote free trade
C
To protect domestic jobs
D
To increase the current account deficit
C
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