Economics class: Carmakers warn on EU tariffs threat to electric vehicle prices

This article picked by a teacher with suggested questions is part of the Financial Times free schools access programme. Details/registration here.

Specification:

• Tariff, Protectionism, Trade

Click to read the article below and then answer the questions:

Carmakers warn on EU tariffs threat to electric vehicle prices

• Define the term tariff

• Draw a diagram to show the effect of a tariff

• Explain the effect of the tariff on: consumers, producers and the government

John Greenwood, Bromley High School for Girls