Esterotia, a European country, requires red-tape-intensive licenses for all alcohol imports. In this scenario, which of the following types of trade restrictions does the country use?

Question

Quizplus · Accepted Answer

Esterotia's requirement for red-tape-intensive licenses for alcohol imports is an example of a nontariff barrier, as it restricts trade through regulatory measures rather than through direct financial charges like tariffs.

Esterotia, a European Country, Requires Red-Tape-Intensive Licenses for All Alcohol