Multiple Choice
Norvada is a small nation that has followed protectionist policies for many years.Which of the following would be an example of a nontariff barrier established by Norvada?
A) Establishment of a tax levied on imported goods so that foreign products are more expensive than competing domestic goods.
B) Establishment of a tax levied on imported goods designed primarily to raise money for the government.
C) Establishment of restrictive quality standards requiring foreign firms to make expensive modifications to their products before they could be exported to Norvada.
D) Participation in the Uruguay Round of GATT negotiations.
Correct Answer:

Verified
Correct Answer:
Verified
Q48: Just about anything that can be sold
Q80: _ is an arrangement whereby someone with
Q125: A _ represents a long-term partnership between
Q140: A sociological challenge that must be overcome
Q146: An influential foreign government official approached your
Q149: _ is buying products from another country.<br>A)
Q176: _ is lowering the value of a
Q200: The introduction of standardized international laws regulating
Q256: After finishing college, Nathan joined his uncle's
Q275: Strategic alliances almost always result in one