This worksheet on EU Trade Policies and Economic Impacts, which explores the complex dynamics of international trade and government regulations. Using the recent news about the EU's consideration of additional tariffs on Chinese-built electric vehicles, this worksheet will help you understand the implications of such economic decisions.
Through this worksheet, you will:
- Analyze the potential impacts of tariffs on businesses and economies.
- Discuss the roles of government policies in regulating international trade.
- Evaluate the benefits and drawbacks of protectionist measures.
- Explore the intersection of economic goals and environmental sustainability.
This exercise is designed to link theoretical concepts from the IGCSE Economics and Business Studies syllabuses to real-world events, enhancing your ability to apply knowledge to current economic issues. By the end of this worksheet, you will have a deeper understanding of how trade policies affect various stakeholders and the broader economy.