Unit 4: The Global Economy
Topic 4.2: Types of Trade Protection Questions
Practice 20 exam-style questions for IB Economics Topic 4.2. Review the question stems below, then unlock the full Question Bank to access markschemes, model answers, and AI grading.
34 marks
Define the term "non-tariff barrier" and give two examples.
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Which of the following is an example of an administrative barrier to trade?
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Which of the following is an example of a non-tariff barrier to trade?
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Which of the following is an example of an administrative barrier to trade?
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Define the term "non-tariff barrier" and give two examples.
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Which of the following is an example of a non-tariff barrier to trade?
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When a tariff is imposed on an imported good, government revenue from the tariff is equal to:
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Which of the following is a likely effect of imposing a tariff on imported steel?
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On a quota diagram, which of the following increases when a quota is imposed?
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Voluntary export restraints (VERs) involve:
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On a quota diagram, which of the following increases when a quota is imposed?
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A government subsidy to domestic producers of agricultural goods will most likely:
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Which of the following is a key difference between a tariff and a quota?
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With reference to a tariff diagram, identify the area that represents government revenue from the tariff.
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With reference to a tariff diagram, identify the area that represents government revenue from the tariff.
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Which of the following is a likely effect of imposing a tariff on imported steel?
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