Local purchase requirements, investment controls, and product and testing standards are all forms of ________.
A) numerical export controls
B) voluntary export restraints
C) nontariff barriers
D) embargoes

Question

Quizplus · Accepted Answer

Local purchase requirements, investment controls, and product and testing standards are examples of nontariff barriers, which are regulatory, procedural, or administrative measures that countries use to control the amount of trade across their borders without resorting to the imposition of tariffs.

Local Purchase Requirements, Investment Controls, and Product and Testing Standards