In 2018, the United States (US) government introduced tariffs on a wide range of imports from China. Which type of policy was the US government adopting?
A.
expenditure-reducing
B.
expenditure-switching
C.
expansionary monetary
D.
contractionary monetary
Exam No：9708_w24_qp_32 Year：2024 Question No：25
Answer:
B
Knowledge points:
6.2.1 meaning of protectionism in the context of international trade
6.2.2.1 tariffs
6.2.2.2 import quotas
6.2.2.3 export subsidies
6.2.2.4 embargoes
6.2.2.5 excessive administrative burdens (‘red tape’)
Solution:
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