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.

11 mark
A tariff is best defined as:
Markscheme and model answer locked
Unlock Question
21 mark
Which of the following is an example of an administrative barrier to trade?
Markscheme and model answer locked
Unlock Question
34 marks
Define the term "non-tariff barrier" and give two examples.
Markscheme and model answer locked
Unlock Question
44 marks
Define the term "non-tariff barrier" and give two examples.
Markscheme and model answer locked
Unlock Question
51 mark
A tariff is best defined as:
Markscheme and model answer locked
Unlock Question
61 mark
Which of the following is an example of a non-tariff barrier to trade?
Markscheme and model answer locked
Unlock Question
71 mark
An import quota is best defined as:
Markscheme and model answer locked
Unlock Question
81 mark
Which of the following is an example of a non-tariff barrier to trade?
Markscheme and model answer locked
Unlock Question
91 mark
An import quota is best defined as:
Markscheme and model answer locked
Unlock Question
101 mark
Which of the following is an example of an administrative barrier to trade?
Markscheme and model answer locked
Unlock Question
114 marks
Explain how a government subsidy to domestic producers can act as a form of trade protection.
Markscheme and model answer locked
Unlock Question
124 marks
Explain how product standards and regulations can be used as a form of trade protection.
Markscheme and model answer locked
Unlock Question
134 marks
Distinguish between an import quota and a government subsidy as forms of trade protection.
Markscheme and model answer locked
Unlock Question
144 marks
With reference to a tariff diagram, identify the area that represents government revenue from the tariff.
Markscheme and model answer locked
Unlock Question
154 marks
Distinguish between an import quota and a government subsidy as forms of trade protection.
Markscheme and model answer locked
Unlock Question
164 marks
State two disadvantages of using quotas as a form of trade protection.
Markscheme and model answer locked
Unlock Question
174 marks
Define a tariff and state two effects of a tariff on an imported good.
Markscheme and model answer locked
Unlock Question
184 marks
Outline what is meant by a voluntary export restraint (VER) and explain one disadvantage.
Markscheme and model answer locked
Unlock Question
194 marks
Outline how a tariff affects domestic consumers and domestic producers differently.
Markscheme and model answer locked
Unlock Question
201 mark
Which of the following is a key difference between a tariff and a quota?
Markscheme and model answer locked
Unlock Question

Ready to practice Topic 4.2?

Get instant AI feedback on your answers, view detailed markschemes, and track your progress across all IB Economics topics.

Start Practising Now