Edexcel IGCSE Economics 2.2.2.c methods of protection

Practise protection-method questions by shifting supply curves for tariffs and explaining quotas or subsidies for domestic producers.

Exam points

Draw tariff effects as a left shift of supply with higher price and lower quantity.
Show tariff removal as a right shift of supply with lower price and higher quantity.
Explain how quotas or subsidies change imports, domestic output and government costs.

[Maximum number: 3]

Using the diagram below, draw the effects of the introduction of a quota on the equilibrium price and quantity of a good.
Label the new curve, the new equilibrium price and new equilibrium quantity.

Figure 1

All question bank results loaded

2.2.2.c Methods of protection question 1