{"id":33872,"date":"2024-04-15T09:22:52","date_gmt":"2024-04-15T09:22:52","guid":{"rendered":"https:\/\/exam.pscnotes.com\/mcq\/?p=33872"},"modified":"2024-04-15T09:22:52","modified_gmt":"2024-04-15T09:22:52","slug":"in-international-trade-which-of-the-following-is-a-non-tariff-trade-barrier","status":"publish","type":"post","link":"https:\/\/exam.pscnotes.com\/mcq\/in-international-trade-which-of-the-following-is-a-non-tariff-trade-barrier\/","title":{"rendered":"In international trade, which of the following is a non-tariff trade barrier?"},"content":{"rendered":"<p>[amp_mcq option1=&#8221;Quotas&#8221; option2=&#8221;Import bans&#8221; option3=&#8221;Export controls&#8221; option4=&#8221;Anti-dumping laws&#8221; correct=&#8221;option1&#8243;]<!--more--><\/p>\n<p>The correct answer is: <strong>A. Quotas<\/strong><\/p>\n<p>A quota is a limit on the quantity of a good that can be imported into a country. Quotas are a type of non-tariff barrier, which means they are not a tax on imports. Quotas can be used to protect domestic industries from foreign competition, or to conserve resources.<\/p>\n<p>Import bans are a type of trade barrier that prohibits the importation of certain goods. Import bans are usually used to protect public health or safety, or to protect domestic industries from foreign competition.<\/p>\n<p>Export controls are a type of trade barrier that restricts the export of certain goods. Export controls are usually used to protect national security, or to prevent the spread of weapons of mass destruction.<\/p>\n<p>Anti-dumping laws are a type of trade barrier that is designed to protect domestic industries from foreign companies that are selling goods at below cost. Anti-dumping laws usually involve imposing a tariff on the imported goods.<\/p>\n<p>In conclusion, a quota is a limit on the quantity of a good that can be imported into a country. Quotas are a type of non-tariff barrier, which means they are not a tax on imports. Quotas can be used to protect domestic industries from foreign competition, or to conserve resources.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>[amp_mcq option1=&#8221;Quotas&#8221; option2=&#8221;Import bans&#8221; option3=&#8221;Export controls&#8221; option4=&#8221;Anti-dumping laws&#8221; correct=&#8221;option1&#8243;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[702],"tags":[],"class_list":["post-33872","post","type-post","status-publish","format-standard","hentry","category-business-environment-and-international-business","no-featured-image-padding"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v22.2 (Yoast SEO v23.3) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>In international trade, which of the following is a non-tariff trade barrier?<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/exam.pscnotes.com\/mcq\/in-international-trade-which-of-the-following-is-a-non-tariff-trade-barrier\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"In international trade, which of the following is a non-tariff trade barrier?\" \/>\n<meta property=\"og:description\" content=\"[amp_mcq option1=&#8221;Quotas&#8221; 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