DP Economics Questionbank

Using information from the text/data and your knowledge of economics, evaluate the economic impacts of trade protection in the South African corn market.

With reference to your answer to question (b)(ii), calculate the change in the cost of financing the $8 per kg subsidy to the government of San Marcus following the decision to import cotton from the world market.

Using information from the text/data and your knowledge of economics, discuss possible economic impacts of the tariff on tinplate steel.

Using information from the text/data and your knowledge of economics, discuss the arguments for and against the trade protection measures imposed by the US on China.

Define the term trade war indicated in bold in the text (paragraph [1]).