International Trade and Globalisation · Global Markets

Protectionism

Evaluating the arguments for and against trade barriers like tariffs and quotas.

Key Questions

  1. 1Does protecting local industries help or hurt the national economy in the long run?
  2. 2What are the hidden costs of a trade war for the average consumer?
  3. 3Why do governments use subsidies to support domestic exporters?

MOE Syllabus Outcomes

MOE: International Trade and Globalisation - S4
Level: Secondary 4
Subject: Economics
Unit: International Trade and Globalisation
Period: Global Markets

Suggested Methodologies

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