Start learning →

A minister lists the three main forms protectionism takes. Along with import quotas and nontariff barriers, the third is:

ATariffs
BRebates
CCoupons
DBursaries
Answer & Solution
Correct answer: A. Tariffs
1. All three restrict imports. 2. One of them is a tax at the border. 3. It is tariffs. _Source: OpenStax Principles of Economics 3e, Chapter 34, Globalization and Protectionism._
Practise this question with Quill — AP Intermediate 1st Year →

Keep practising Sources of Business Finance & Small Business

Browse all Sources of Business Finance & Small Business questions for AP Intermediate 1st Year, or explore more Business Studies topics.

Start a Sources of Business Finance & Small Business lesson →