Topics
Expenditure switching policies
These are policies designed to change the relative prices of exports and imports to help reduce the size of a country's external deficit. For example - an exchange rate depreciation can improve the price competitiveness of exports and make imports more expensive when priced in a domestic currency. Import tariffs are designed to create expenditure-switching effects by making imports more expensive.
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4.1.6 Restrictions on Free Trade (Edexcel)
Study Notes
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4.1.6 Import Tariffs (Edexcel A-Level Economics Teaching PowerPoint)
Teaching PowerPoints
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4.2.6.2. Impact of Trade Protectionism (AQA A Level Economics Teaching Powerpoint)
Teaching PowerPoints
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4.2.6.2. Import Tariffs (AQA A Level Economics Teaching Powerpoint)
Teaching PowerPoints
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What is a currency depreciation?
Study Notes
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Sterling and the UK Economy - A-Level Economics Essay Walkthrough
Practice Exam Questions
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Currency Depreciation and the Trade Balance - Chain of Reasoning
Practice Exam Questions
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Barriers to Trade - Applied Examples and a Retrieval Activity
10th October 2022
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Protectionism - Barriers to Trade (Quizlet Revision Activity)
Quizzes & Activities
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Correcting Balance of Payments Imbalances (Online Lesson)
Online Lessons