Suppose Canada implements new border procedures that require goods arriving from Country X to be held for 60 days in a bonded warehouse.This new policy is ________ and is likely to ________.

Question

Quizplus · Accepted Answer

The new border procedure requiring goods from Country X to be held in bonded warehouses is a non-tariff barrier, as it is a policy that restricts imports without using tariffs. This policy is likely to reduce imports from Country X, as it adds an additional cost and delay for importers, making it less attractive to import from that country.

Suppose Canada Implements New Border Procedures That Require Goods Arriving