Economics (9-1) - 0987 CIE

Globalisation And Trade Restrictions Continued

Akopọ

Free trade lets countries specialise and buy goods more cheaply from abroad, yet almost every government still puts up barriers against some imports. Why? Behind each tariff or quota lies an argument, protecting new industries, saving jobs, guarding against unfair dumping, or raising revenue, and each argument has a counter-argument.

In this lesson you will work through the full set of reasons governments restrict trade, from protecting infant and strategic industries to discouraging demerit goods and protecting the environment. You will analyse the impact of restrictions on the home country and its trading partners, and weigh the advantages against the disadvantages. By the end you will be able to argue both sides and reach a judgement, exactly what evaluation questions demand.

Awọn Afojusun

  1. protect infant (sunrise) industries
  2. protect declining (sunset) industries
  3. protect strategic industries
  4. avoid dumping
  5. reduce a deficit on the current account of the balance of payments
  6. raise tax revenue
  7. restrict the import of demerit goods
  8. promote environmental sustainability
  9. impact of trade restrictions on the home country and its trading partners
  10. advantages and disadvantages of restricting free trade

Akọ̀wé Ẹ̀kọ́

Trade restrictions shape prices, jobs, industries and international relations. Because protection helps some groups while harming others, these questions are almost always evaluation questions, where the marks go to balanced argument and a reasoned judgement, not a one-sided list.

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Ìdánwò Ẹ̀kọ́

Oriire fun ipari ẹkọ lori Globalisation And Trade Restrictions Continued. Ni bayi ti o ti ṣawari naa awọn imọran bọtini ati awọn imọran, o to akoko lati fi imọ rẹ si idanwo. Ẹka yii nfunni ni ọpọlọpọ awọn adaṣe awọn ibeere ti a ṣe lati fun oye rẹ lokun ati ṣe iranlọwọ fun ọ lati ṣe iwọn oye ohun elo naa.

Iwọ yoo pade adalu awọn iru ibeere, pẹlu awọn ibeere olumulo pupọ, awọn ibeere idahun kukuru, ati awọn ibeere iwe kikọ. Gbogbo ibeere kọọkan ni a ṣe pẹlu iṣaro lati ṣe ayẹwo awọn ẹya oriṣiriṣi ti imọ rẹ ati awọn ogbon ironu pataki.

Lo ise abala yii gege bi anfaani lati mu oye re lori koko-ọrọ naa lagbara ati lati ṣe idanimọ eyikeyi agbegbe ti o le nilo afikun ikẹkọ. Maṣe jẹ ki awọn italaya eyikeyi ti o ba pade da ọ lójú; dipo, wo wọn gẹgẹ bi awọn anfaani fun idagbasoke ati ilọsiwaju.

  1. A tariff is best described as: A. a limit on the quantity of imports B. a tax on imported goods C. a subsidy to exporters D. a ban on imports Answer: B
  2. Protecting a new, unestablished industry from foreign competition is the: A. dumping argument B. strategic industry argument C. infant (sunrise) industry argument D. revenue argument Answer: C
  3. Selling exports below their cost of production to capture a foreign market is called: A. a quota B. dumping C. a tariff D. an embargo Answer: B
  4. A likely disadvantage of imposing tariffs is that: A. consumers enjoy lower prices B. trading partners may retaliate with their own barriers C. government revenue falls D. domestic firms become more efficient Answer: B
  5. Which is a NON-tariff barrier to trade? A. a tax on imports B. an import quota C. an income tax D. an interest rate cut Answer: B

O wa lori ohun elo Green Bridge

Gba ohun elo Green Bridge CBT sori foonu tabi kọmputa rẹ lati ri awọn akọsilẹ ẹkọ ni kikun, awọn ibeere adaṣe, ati diẹ sii.

Awọn akọsilẹ ẹkọ ni kikun pẹlu awọn aworan apejuwe
Oluranlọwọ ẹkọ ti AI ṣe agbara rẹ
Kọ ẹkọ laisi intanẹẹti, nigbakugba, nibikibi
O wa lori Android, Windows, macOS, ati Linux

O wa lori ohun elo Green Bridge

Gba ohun elo Green Bridge CBT sori foonu tabi kọmputa rẹ lati ri awọn akọsilẹ ẹkọ ni kikun, awọn ibeere adaṣe, ati diẹ sii.

Awọn akọsilẹ ẹkọ ni kikun pẹlu awọn aworan apejuwe
Oluranlọwọ ẹkọ ti AI ṣe agbara rẹ
Kọ ẹkọ laisi intanẹẹti, nigbakugba, nibikibi
O wa lori Android, Windows, macOS, ati Linux

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