Which of the following statements is not accurate about trade and investment barriers?

Question

Quizplus · Accepted Answer

Generally, tariff rates in the Global North are much lower than in the Global South. High tariff rates can make imported goods more expensive, protecting domestic industries from foreign competition. However, many Global South countries have argued that this protectionism from the Global North prevents them from accessing markets and making economic progress.

Which of the Following Statements Is Not Accurate About Trade