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Northern IrelandEconomicsQuick questions
A2 2: Managing the Economy in a Global World
Quick questions on International trade and protectionism - CCEA A-Level Economics A2 2
3short Q&A pairs drawn directly from our worked dot-point answer. For full context and worked exam questions, read the parent dot-point page.
What is q1?Show answer
Define comparative advantage. [2 marks]
What is q2?Show answer
Explain the difference between a tariff and a quota. [3 marks]
What is q3?Show answer
Explain one argument for and one argument against protecting an infant industry. [4 marks]
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