In some countries, it may be legal to bribe businesses and government officials, but this practice is illegal in Canada. This barrier to international trade is known as
A) imposing tariffs.
B) quotas.
C) local content laws.
D) business practice laws.
E) cartelling.

Question

Quizplus · Accepted Answer

The barrier to international trade described in the question relates to laws and regulations governing bribery and corruption in Canada. This falls under the category of business practice laws. Imposing tariffs, quotas, and local content laws are different types of trade barriers that affect the movement of goods across borders. Cartelling refers to the collusion among businesses to control prices or output, and is unrelated to the issue of bribery and corruption.

In Some Countries, It May Be Legal to Bribe Businesses