A multinational company may face nontariff trade barriers that include biases against its bids, restrictive product standards, or excessive host-country regulations.

Question

Quizplus · Accepted Answer

Non-tariff trade barriers refer to any type of trade barrier other than a tariff, such as biases against certain countries' bids, product standards that may prevent certain imports, and excessive regulations in the host country. These barriers can make it more difficult for multinational companies to compete in certain markets.

A Multinational Company May Face Nontariff Trade Barriers That Include