What this practice covers
These questions are drawn from past IB Economics papers and filtered to arguments for and against trade control. You answer, you find out immediately whether you were right, and you get the reasoning for the correct option and for each distractor. Wrong answers go to a mistakes locker so you can come back to exactly those.
Practice is free. You need an account only so your progress and your mistakes are still there next time.
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What examiners see students get wrong here
These are the errors that cost marks on arguments for and against trade control, taken from our own topic notes. Read them before you practise and you will recognise the traps in the questions.
- Listing arguments without weighing them, which caps the evaluation marks.
- Treating the infant industry argument as automatically valid, when its weakness is that protection removes the very pressure that would force the industry to mature.
- Ignoring retaliation, which is the point that undermines most protectionist cases in practice.
- Forgetting who bears the cost: consumers pay higher prices, and the loss is spread thinly while the gain is concentrated, which is exactly why protection is politically attractive.
- Assuming the only losers are foreign. Downstream domestic industries using the protected input often lose more than the protected industry gains.
Revise it first
If any of the above is unfamiliar, work through the notes before practising: Arguments For and Against Trade Control revision notes.