Identify the True Statement About Trade Barriers

Multiple Choice

Identify the true statement about trade barriers.

A) They lower the costs of exporting products to a country.
B) They may put a firm at a competitive advantage to indigenous competitors.
C) They may help a firm to serve a country from locations outside of that country.
D) To conform to local content regulations, a firm may have to locate more production activities in a given market than it would otherwise.