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Paper 3 question on tariffs, export subsidies and protectionism

IB Economics Paper 3 includes two compulsory questions. This is a sample Paper 3 question. The time allowed for Paper 3 is 105 minutes so students should spend 52.5 minutes on each question. This paper 3 style question is on tariffs, export subsidies and protectionism. Questions Answers The market for electric vehicles (EVs)continues to grow globally, with annual growth of 35% in 2023, with 14.2 million units sold...

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