An example of a nontariff barrier is a:
A) limit on the total number of Honda automobiles imported from Japan.
B) regulation specifying that each imported Honda automobile must meet certain emission exhaust guidelines.
C) tax of $500 on each Honda automobile produced in the United States.
D) subsidy from the Japanese government of $500 for each Honda automobile imported into the United States.
Correct Answer:
Verified
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A)
Q125: Nontariff barriers often take the form of:
A)
Q126: A new industry with potential economies of
Q127: A policy aimed at promoting the development
Q129: A direct restriction on the quantity of
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Q131: Free trade is beneficial because it:
A) reduces
Q132: A new domestic industry with a potential
Q133: A trade barrier whereby foreign firms agree
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