passwella.
Menu

WAEC Economics 2021 Question 45

Question 45

International Trade

If a country imposes a barrier on trade, the resultant effect will be

  1. A.a halt in buying and selling.
  2. B.high quality goods from local industries.
  3. C.an increase in the demand for locally produced goods.
  4. D.shutdown of infant industries.
Show the answer and explanation

Answer: C (an increase in the demand for locally produced goods.)

Explanation

Imports become dearer, so people buy more local goods.