The average tariff on industrial goods is 4% in the USA, 14% in Brazil and 30% in India.
(a) Examine the reasons why a country might wish to restrict imports. (40 marks)
(b) Evaluate the likely economic implications of an increase in protectionism on a country's economy. (60 marks)
Example of tariffs being reduced in Mexico here
(a) Examine the reasons why a country might wish to restrict imports. (40 marks)
(b) Evaluate the likely economic implications of an increase in protectionism on a country's economy. (60 marks)
Example of tariffs being reduced in Mexico here
1 comment:
i just want to compliment you sir on a brilliant essay question, because michael jolley smells and he isnt a serious guy... also CKA is a snake all day
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