A licensing requirement, or an unreasonable standard regulating the safety or quality of a product that is imported into a country, is called a
A) nontariff barrier to trade.
B) voluntary export restriction.
C) protective tariff.
D) customs duty.
Correct Answer:
Verified
Q83: The U.S.government, through explicit laws, openly discriminates
Q84: A removal of an import quota tends
Q85: Import quotas will increase the price consumers
Q86: The California Transit Authority implemented the Buy
Q87: Similar to import tariffs, quotas on imports
Q89: Import quotas
A) increase the price to the
Q90: Which is NOT true about the practices
Q91: If Canada was to levy a quota
Q92: An example of a nontariff trade barrier
Q93: Throughout the world, governments auction quota licenses
A)
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