Practice A. Tariffs - 3.1 | 6. Key Skills for MYP Economics | IB 10 Individuals & Societies - Economics
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A. Tariffs

3.1 - A. Tariffs

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Practice Questions

Test your understanding with targeted questions

Question 1 Easy

What is a tariff?

💡 Hint: Think about what it means for products coming from other countries.

Question 2 Easy

Name one advantage of tariffs.

💡 Hint: Consider the impact on local businesses.

4 more questions available

Interactive Quizzes

Quick quizzes to reinforce your learning

Question 1

What is the main purpose of tariffs?

To raise prices on exports
To protect domestic industries
To encourage imports

💡 Hint: Consider why countries implement tariffs.

Question 2

True or False: Tariffs can lead to higher prices for consumers.

True
False

💡 Hint: Think about the impact of taxes on prices.

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Challenge Problems

Push your limits with advanced challenges

Challenge 1 Hard

Evaluate the effectiveness of tariffs in boosting local economies. Provide specific examples.

💡 Hint: Consider both economic and qualitative factors.

Challenge 2 Hard

Critically analyze how a recent tariff decision might ripple through the global market.

💡 Hint: Think about interconnected economies.

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Reference links

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