Evaluation of South Africa’s Trade Policies (Grade 12 NSC Matric Economics): Quizzes
📚Quizzes
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10 questions from this quiz
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Practise the questions
10 questions from this quiz
What support did the govt provide exporters in the 1970s?
What support did the govt provide exporters in the 1970s?
Cash grants & tax concessions
How much did the protection rate increase after the 1985 debt crisis?
How much did the protection rate increase after the 1985 debt crisis?
From 30% to 70%
When was export-orientated industrialisation first adopted as official policy?
When was export-orientated industrialisation first adopted as official policy?
1990s with GEIS
Which commission investigated establishing domestic manufacturing in 1910?
Which commission investigated establishing domestic manufacturing in 1910?
Cullinan Commission
How did manufacturing's GDP contribution change from 1912 to 1981?
How did manufacturing's GDP contribution change from 1912 to 1981?
From 5.8% to 31.1%
When was Sasol established and for what purpose?
When was Sasol established and for what purpose?
1955 to produce oil from coal
Which countries are current members of SACU?
Which countries are current members of SACU?
SA, Lesotho, Namibia, Botswana, Swaziland
When was the Multilateral Monetary Area (MMA) established?
When was the Multilateral Monetary Area (MMA) established?
1992
What was SA's WTO tariff reduction commitment period?
What was SA's WTO tariff reduction commitment period?
Five years
How did SA's average tariff change between 1994 and 2011?
How did SA's average tariff change between 1994 and 2011?
Declined from 11.7% to 5%