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
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.
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?
Which of the following is a direct effect of imposing tariffs? (1) Decrease in government revenue (2) Increase in imports (3) Increase in government revenue (4) No effect on prices
Which of the following is a likely effect of imposing a quota on imports? (1) Increase in imports (2) Decrease in imports (3) No effect on imports (4) Imports become free
Which of the following is a likely result of trade barriers? (1) Increased competition (2) Lower prices (3) Reduced consumer choice (4) Greater efficiency
Which of the following is a possible negative effect of trade barriers? (1) Increase in consumer choice (2) Lower prices (3) Retaliation by other countries (4) Increase in imports
A ______ is a limit on the quantity of a good that can be imported into a country.
Fill in the blank: ______ barriers are restrictions other than tariffs that countries use to control the amount of trade across their borders.
Fill in the blank: ______ is the policy of restricting imports to protect domestic industries.
Fill in the blank: The process of removing trade barriers is called ______.
State whether the following statement is true or false: 'Trade barriers can sometimes be used for national security reasons.'
True or False: All trade barriers are imposed for economic reasons only.
True or False: Non-tariff barriers can include technical standards and licensing requirements.
True or False: Quotas can lead to shortages of imported goods in the domestic market.
