Solved

In the Context of Nontariff Barriers, Which of the Following

Question 85

Multiple Choice

In the context of nontariff barriers, which of the following is a similarity between quotas and voluntary export restraints?


A) Both impose a complete ban on any kind of trade with a specific country.
B) Both limit the amount of a product that can be imported annually.
C) Both are imposed by the exporting country rather than the importing country.
D) Both levy a direct tax on imported goods.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions