The Global Economy · Global Markets

International Trade and Protectionism

Analysis of comparative advantage and the arguments for and against trade barriers.

Key Questions

  1. 1What incentives drive nations to adopt protectionist measures?
  2. 2How does a tariff create a trade-off between producer surplus and consumer welfare?
  3. 3Who benefits most from a sudden move toward total free trade?

National Curriculum Attainment Targets

A-Level: Economics - The Global EconomyA-Level: Economics - International Trade and Protectionism
Year: Year 13
Subject: Economics
Unit: The Global Economy
Period: Global Markets

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