SELECT ALL THAT APPLY. Which of the following are examples of nontariff barriers?

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Quizplus · Accepted Answer

Nontariff barriers refer to any policy or measure other than a tariff that restricts or impedes trade between countries. Quotas are a common nontariff barrier as they limit the amount of a particular product that can be imported into a country. Labor standards, such as requirements for minimum wages or workplace safety, can also be a nontariff barrier as they can make it more difficult or expensive for foreign companies to compete in a market. Prices and taxes are not typically considered nontariff barriers as they do not directly restrict trade.