part 3_26-30

26. When will the lecturer present the pros and cons of protectionism?

• At the end the lecture

• At the beginning of the lecture.

• Before presenting ways of protecting the economy

• After the definition of protectionism

27. What is protectionism?

• The practice of proteching domestic industries from aboard

• The methods of protecting local economy from foreign countries

• The ways of using import duties or quotas.

• The application of tax to imported goods.

28. What is the purpose of tariffs on imports.?

• They make home-produced good cheaper than imported ones

• They make imported goods cheaper than home - produced ones

• They make home-produced good more expensive than imported one

• They make imported goods as expansive as home produced ones

29. What is true an example of protectionism fariff between the UK and the US?

• The UK didn't buy bananas from the US in 1999

• The US didn't sell bananas to the UK in 1999

• The US didn't buy British- Produced goods

• The UK put tariffs on some American-produced goods

30. What is he lecture mainly about?

• Different from of protectionism

• Benefits of protectionism

• Advantages and disadvantages of protectionism

• On going examples of protectionism