Global Markets and International Trade · Global Markets

Free Trade vs Protectionism

Comparing the benefits of open borders with the arguments for protecting domestic industries.

Key Questions

  1. 1Who benefits most from the removal of import tariffs?
  2. 2What trade-offs does a protectionist policy create for domestic consumers?
  3. 3Why might a country choose to protect an infant industry?

National Curriculum Attainment Targets

GCSE: Economics - International TradeGCSE: Economics - Global Economy
Year: Year 11
Subject: Economics
Unit: Global Markets and International Trade
Period: Global Markets

Suggested Methodologies

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