Study Questions #1. Ch 5. Which of the following are the major nontariff trade barriers? Check...
Study Questions #1. Ch 5.
Which of the following are the major nontariff trade barriers? Check all that apply.
Criminal laws
Voluntary export restraints
Budget constraints
Antidumping regulations
Homework Answers
Voluntary export restraint is a non tariff trade barriers because the government restraints the export amount to a specified country.There is no tariff involved.
Antidumping regulations are protectionist policies used to protect domestic producers and are imposed on products that are sold at a relatively lower price in the foreign market than the home market.It is a form of tariff.
Answer-Voluntary export restraints.
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Study Questions #1. Ch 5.
Which of the following are the major nontariff trade barriers?
Check...
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