Which of the following is an example of a trade restriction?
A) quotas
B) tariffs
C) dumping
D) a and b
E) a,b,and c

Question

Quizplus · Accepted Answer

Quotas and tariffs are both examples of trade restrictions. Dumping, on the other hand, refers to the practice of exporting goods at a lower price than in the domestic market, and is not a trade restriction in itself. Therefore, the correct answer is D, which includes both quotas and tariffs as trade restrictions.

Which of the Following Is an Example of a Trade