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Cambridge A Level Economics 9708 May June 2024 Paper 2, Variant 2 – Sample Answers and Examiner Commentary – Question 5

Question:

5 (a) Explain what is meant by protectionism and consider the effectiveness of using tariffs as a
method of protectionism. [8]
(b) Assess whether free trade is always better than a policy of protectionism for a developing
economy that wishes to trade internationally. [12]

Sample Answers:

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