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4.1.6 Restrictions on free trade

Why might a government restrict free trade through protectionism?

A

Protectionism uses barriers to shield domestic industries from foreign competition.

B

Free trade uses subsidies to increase competition from foreign industries.

C

Comparative advantage prevents imports from competing with domestic industries.

D

Globalisation removes domestic industries from international markets.

4.1.6 Restrictions on free trade Flashcards

  1. A Level
  2. /Economics
  3. /4.1.6 Restrictions on free trade

Flashcards for Edexcel A A Level Economics 4.1.6 Restrictions on free trade, covering the key terms, economic models and case studies you need to recall for Paper 1, Paper 2 and Paper 3. 25 cards, matched to the Edexcel A A Level Economics (9EC0) specification.