Economics Current Affairs Questions

Protectionism is the practice of following the trade policies that –

Protectionism helps the government to encourage the –

Tariffs are the taxes or the duties that are imposed on the –

Tariffs lead to a –

A fall in the purchasing power of the customers is the result of –

The restrictions on the volume of the import of the goods and services over a particular time are known as –

Which of the following are also known as non-tariff trade barriers?

What causes a difference in the price of the product that is faced by the producer and the one that is faced by the consumers?

What is termed as the policies and the guidelines that a government enlists, which shall be followed during the import of foreign goods and services?

Which of the following is considered to be an advantage of protectionism?

Which of the following policies helps to impose on the imports of goods and services?

World Trade Organisation is an international body that deals with the –

What is an agreement that mentions the rules that apply to the domestic regulations that a country applies to foreign countries?

Which of the following is the main goal of the WTO?

When The first trade bloc of the world was formed?