A preference given by a country to domestic products in government procurement is a type of nontariff barrier to trade.

Name: A preference given by a country to domestic products in government procurement is a type of nontariff barrier to trade.
Brand: Quizplus
Rating: 4.9 (47 reviews)

Question

Quizplus · Accepted Answer

A preference given to domestic products in government procurement can limit competition from foreign products and create an unfair advantage for domestic producers, thus serving as a type of nontariff barrier to trade.

A Preference Given by a Country to Domestic Products in Government