What is a reason for trade protection?

A.
to reduce a deficit on the current account of the balance of payments
B.
to reduce a surplus on the current account of the balance of payments
C.
to reduce economic growth
D.
to reduce inflation
Economics
IGCSE&ALevel
CAIE
Exam No:0455_w21_qp_13 Year:2021 Question No:29

Answer:

A

Knowledge points:

6.2.5 reasons for protection:Including infant industry, declining industry, strategic industry and avoidance of dumping.

Solution:

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