Trade Barriers
Economics ⇒ International Trade and Globalisation
Trade Barriers starts at 11 and continues till grade 12.
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See sample questions for grade 11
A country imposes a 20% tariff on imported cars. If the original price of a car is ₹10,00,000, what will be the price after the tariff is added?
Describe how tariffs can affect the price of imported goods.
Describe one way in which trade barriers can harm developing countries.
Describe the term 'dumping' and explain how trade barriers can be used to prevent it.
Explain how trade barriers can affect employment in a country.
Explain how trade barriers can be used to protect infant industries.
Explain the difference between tariff and non-tariff barriers.
Explain the impact of trade barriers on international trade.
Explain the term 'import quota' with an example.
State one reason why countries impose trade barriers.
State one way in which trade barriers can affect the relationship between countries.
What is a trade barrier?
What is a voluntary export restraint (VER)?
What is meant by 'protectionism' in international trade?
What is the difference between an import quota and an export quota?
What is the main objective of imposing trade barriers?
