Which of the following is NOT considered a trade barrier to an exporter?
A) tariffs
B) import quotas
C) subsidies
D) related-party trade

Question

Quizplus · Accepted Answer

Trade barriers are measures that governments or public authorities introduce to make imported goods or services less competitive than locally produced goods and services. Tariffs, import quotas, and subsidies are all examples of trade barriers. Tariffs increase the cost of imported goods, making them less competitive. Import quotas limit the quantity of goods that can be imported, thereby protecting domestic industries. Subsidies are financial support provided by the government to local businesses, making their goods cheaper than imported products. Related-party trade, however, refers to trade between companies that are part of the same corporate entity or between family members, and is not considered a trade barrier.

Which of the Following Is NOT Considered a Trade Barrier