Nontariff trade barriers include restrictive product standards.

Name: Nontariff trade barriers include restrictive product standards.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Nontariff trade barriers refer to any measure other than tariffs (taxes on imports or exports) that restricts trade between countries. This can include measures such as quotas, licensing requirements, and technical regulations, including restrictive product standards. Therefore, the statement is true.

Nontariff Trade Barriers Include Restrictive Product Standards