Multiple Choice
A newly formed country in the Caribbean has no high tariffs, yet other countries find it difficult to trade with the new country because of its requirements for labeling, product testing, and certifications. These restrictions can best be classified as
A) embargos.
B) currency devaluations.
C) import quotas.
D) quality import restrictions.
E) bureaucratic red tape.
Correct Answer:
Verified
Correct Answer:
Verified
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