Country X protects its domestic manufacturers from foreign competition by using a variety of nontariff barriers.Which of the following is not one of those nontariff barriers?

Question

Quizplus · Accepted Answer

Foreign trade zones actually encourage foreign competition by allowing imported goods to enter the country duty-free or at a reduced tariff rate. The other options (product standards, regulatory controls, and local purchase requirements) are all examples of nontariff barriers that protect domestic manufacturers from foreign competition.

Country X Protects Its Domestic Manufacturers from Foreign Competition by Using