Nontariff barriers to trade are less transparent than tariffs.

Name: Nontariff barriers to trade are less transparent than tariffs.
Brand: Quizplus
Rating: 4.8 (64 reviews)

Question

Quizplus · Accepted Answer

Nontariff barriers to trade (NTBs) such as regulations, quotas, and standards are often less visible and predictable than tariffs, which are formal taxes on imports or exports. NTBs may create obstacles for foreign goods to enter a certain market and can be difficult for exporters to comply with or adjust to, making them less transparent.

Nontariff Barriers to Trade Are Less Transparent Than Tariffs