AS Revision – Tariffs and Protectionism

Just completed a 3 day CIE AS Revision Course.  I talked about Tariffs and Protectionism which is in Unit 4 of the AS course and how it can be a popular ‘Discuss’ question in the essay paper (Paper 2). However you will be expected to know this at A2 level also. Remember the following reasons for barriers to trade:

Why Protectionism?
a) Safeguard home country employment
b) Correct balance of payments disequilibria
c) Prevent labour exploitation in developing countries (or other political – not economic – goals)
d) Prevent Dumping
e) Safeguard infant industries

Below is useful mindmap that I use for revision of the topic.

Source: CIE A Level Revision – Susan Grant

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