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6 marksGovernment Responsibilities and Business Regulation

CSEC Principles of Business · May/June 2013 · Paper 2 · Question 6(c)

Domestic poultry farmers have raised concerns regarding the rising volume of imported chicken parts.

Discuss TWO steps which your government could take to protect the interests of local poultry farmers.

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Other parts of this question

  1. 6(a)(i)Define the term 'taxes'.[2 marks]
  2. 6(a)(ii)Define the term 'subsidies'.[2 marks]
  3. 6(a)(iii)State TWO reasons why governments impose taxes.[2 marks]
  4. 6(a)(iv)Identify TWO services which a government in the Caribbean would normally subsidize.[2 marks]
  5. 6(b)(i)Differentiate between 'progressive' taxes and 'regressive' taxes.[2 marks]
  6. 6(b)(ii)List TWO examples of direct taxes.[2 marks]
  7. 6(b)(iii)List TWO examples of indirect taxes.[2 marks]

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