What are the two general kinds of trade barriers?
A)government import standards and industry import standards
B)qualitative and quantitative barriers
C)voluntary and involuntary barriers
D)tariff barriers and nontariff barriers

Question

What are the two general kinds of trade barriers?
A)government import standards and industry import standards  
B)qualitative and quantitative barriers  
C)voluntary and involuntary barriers  
D)tariff barriers and nontariff barriers

Quizplus · Accepted Answer

The two general kinds of trade barriers are tariff barriers and nontariff barriers. Tariff barriers include taxes or duties on imported goods, while non-tariff barriers include quotas, subsidies, embargoes, and standards or regulations that make it difficult for foreign goods to enter a country's market.

What Are the Two General Kinds of Trade Barriers