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Cambridge IGCSE Economics practice

Paper 2 structured question: Globalisation, free trade and protection

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4

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Globalisation, free trade and protection

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Paper 2Structured Questions4 marks

Protectionist measures are often debated in economic policy discussions.

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Protectionist Measures

Governments may implement protectionist measures to support local industries. These measures can include tariffs, quotas, and subsidies.

  1. a

    Explain the reasons for implementing protectionist measures.

    Aim for approximately 4 distinct marking points.

    [4]

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Paper 2 structured question: Globalisation, free trade and protection

Paper 2Structured Questions4 marks

Description

Impact of Protectionism

Protectionist policies can lead to trade disputes and affect global markets.

  1. a

    Discuss the potential impacts of protectionist measures on international trade.

    Aim for approximately 4 distinct marking points.

    [4]