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6.2.4 Types of trade restrictions

Topic 6.2.4 - Types of trade restrictions (methods of protection) This section of the Cambridge IGCSE Economics (0455) syllabus requires students to understand the following types of trade restrictions (or methods of protection): Tariffs are taxes (or duties) imposed by governments on the import of goods and services. They are the most common method of trade protection and are used to protect domestic industries from...

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