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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 

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