ILO:
a) Reasons for restrictions on free trade
b) Types of restrictions on trade:
o tariffs
o quotas
o subsidies to domestic producers
o non-tariff barriers
c) Impact of protectionist policies on consumers, producers, governments, living standards, equality
a) Reasons for restrictions on free trade
b) Types of restrictions on trade:
o tariffs
o quotas
o subsidies to domestic producers
o non-tariff barriers
c) Impact of protectionist policies on consumers, producers, governments, living standards, equality
Prep videos
Use the following webinars to consolidate your understanding of protectionist measures:
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Tariff - Trade Protectionism
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Analysing and Evaluating Import Tariffs (2019 Update)
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25 Mark Essay Technique - US Tariffs on Mexico
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Ten Examples of Non-Tariff Barriers
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Case study examples
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Examine two reasons why a country would wish to introduce protectionist measures. (8 marks)
Free Trade Does Not Make Countries Richer
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Assess how America's introduction of tariffs could impact the EU's economic performance. (10 marks)
What are tariffs and how do they affect us? - BBC News
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Assess how Brexit could impact economic performance for the UK economy. (10 marks)
Brexit: UK tells EU ‘significant change’ to Northern Ireland Protocol needed to eliminate checks
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Explain using an appropriate diagram the cost of subsiding cotton farming in America. (5 marks)
Cheating Cheaters of Cheatery: The Amazing Story of Brazil's Cotton War with the U.S.
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Additional reading:
U.S. Catfish Fight Expected to Sink a Popular Import
Shoppers urged to check for fake goods
When's a van a van and when's it a car?
U.S. Catfish Fight Expected to Sink a Popular Import
Shoppers urged to check for fake goods
When's a van a van and when's it a car?
Revision:
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Mr Shearing 9th Nov
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