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.
21 mark
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 a non-tariff 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 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 a likely effect of imposing a tariff on imported steel?
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A government subsidy to domestic producers of agricultural goods will most likely:
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On a quota diagram, which of the following increases when a quota is imposed?
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Distinguish between an import quota and a government subsidy as forms of trade protection.
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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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Explain how product standards and regulations can be used as a form of trade protection.
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Define a tariff and state two effects of a tariff on an imported good.
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Governments might prefer to use administrative barriers rather than tariffs because:
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Outline how a tariff affects domestic consumers and domestic producers differently.
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