Trade costs can vary from one nation to another. All of the following tend to increase trade costs, EXCEPT:
A) reduction of quota limits on imports.
B) increased regulatory barriers.
C) higher transportation costs.
D) more liberalized trade.

Question

Quizplus · Accepted Answer

More liberalized trade tends to decrease trade costs by reducing barriers and restrictions on the movement of goods and services between countries.

Trade Costs Can Vary from One Nation to Another