GCE Economics 2023 Objective — Question 44
Question 44 of 50 from the General Certificate of Education (GCE) Economics 2023 Objective paper, with the correct answer and a full explanation.
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Tariffs, quotas and embargoes are examples of A. Foreign exchange policies B. trade restriction policies C. fiscal policies D. monetary policies
- A. Foreign exchange policies
- B. trade restriction policiesCorrect
- C. fiscal policies
- D. monetary policies
Explanation
Tariffs, quotas and embargoes are examples of protectionist/trade restriction policies used to control the movement of goods and passengers between countries.
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