{"id":48163,"date":"2024-04-15T22:37:15","date_gmt":"2024-04-15T22:37:15","guid":{"rendered":"https:\/\/exam.pscnotes.com\/mcq\/?p=48163"},"modified":"2024-04-15T22:37:15","modified_gmt":"2024-04-15T22:37:15","slug":"in-international-trade-which-of-the-following-is-a-non-tariff-trade-barrier-2","status":"publish","type":"post","link":"https:\/\/exam.pscnotes.com\/mcq\/in-international-trade-which-of-the-following-is-a-non-tariff-trade-barrier-2\/","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;option4&#8243;]<!--more--><\/p>\n<p>The correct answer is: <strong>D. Anti dumping laws<\/strong>.<\/p>\n<p>Anti-dumping laws are a type of non-tariff trade barrier that are designed to protect domestic industries from unfair competition from foreign companies that are selling their products at below cost.<\/p>\n<p>A quota is a limit on the quantity of a good that can be imported into a country. An import ban is a complete prohibition on the importation of a good. Export controls are restrictions on the export of a good.<\/p>\n<p>All of these measures can be used to protect domestic industries from foreign competition, but they are all considered to be non-tariff trade barriers because they do not involve the imposition of a tariff, which is a tax on imported goods.<\/p>\n<p>Anti-dumping laws are considered to be a more targeted form of protection than other non-tariff trade barriers, because they are only applied to goods that are being sold at below cost. This means that they are less likely to have a negative impact on international trade.<\/p>\n<p>However, anti-dumping laws can still be controversial, because they can be used to protect domestic industries from legitimate competition. It is important to carefully consider the evidence before imposing anti-dumping duties, to ensure that they are not being used to protect inefficient industries from foreign competition.<\/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;option4&#8243;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[12],"tags":[],"class_list":["post-48163","post","type-post","status-publish","format-standard","hentry","category-economics","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-2\/\" \/>\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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