Which of the following is not an example of a trade restriction?
A)tariffs
B)quotas and voluntary export restraints
C)legislation requiring that cars sold in a country have a 50 percent domestic content
D)consumer preferences for goods produced domestically

Question

Quizplus · Accepted Answer

Consumer preferences for goods produced domestically are not an example of a trade restriction as they are not enforced by government policy but rather driven by market demand. Tariffs, quotas, and legislation requiring domestic content are all forms of trade restrictions that limit the flow of goods across borders.

Which of the Following Is Not an Example of a Trade