Protectionism
Assessment
•
Elisabetta Ramazzotto
•
Business
•
12th Grade
•
30 plays
•
Medium
Student preview
19 questions
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1.
MULTIPLE CHOICE
30 sec • 1 pt
Which method of protection raises revenue for the government?
2.
MULTIPLE CHOICE
30 sec • 1 pt
An argument against trade protectionism is that it will increase
3.
MULTIPLE CHOICE
30 sec • 1 pt
Which of the following is NOT an argument in favor of protectionism?
4.
MULTIPLE CHOICE
30 sec • 1 pt
5.
MULTIPLE CHOICE
30 sec • 1 pt
A tax or duty that raises the price of imported products is a .....
6.
MULTIPLE CHOICE
30 sec • 1 pt
Tariffs are used to protect “Infant Industries”
7.
MULTIPLE CHOICE
30 sec • 1 pt
Countries may impose tariffs on imports to retaliate to the protectionist policies of another country. This is called a Trade War.
8.
MULTIPLE CHOICE
30 sec • 1 pt
Quotas are not popular with consumers because they limit consumer choice. This makes products more expensive.
9.
MULTIPLE CHOICE
30 sec • 1 pt
The main beneficiaries of quotas are the workers, managers and shareholders who will face less competition from foreign companies.
10.
MULTIPLE CHOICE
30 sec • 1 pt
A total ban on imported products is a .....
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