Which of the Following Is NOT an Example of a Commonly

question 31

Multiple Choice

Which of the following is NOT an example of a commonly used trade barrier?

• A) A convention on imported children's toys
• B) A tariff on imported oil
• C) A tax on imported clothing
• D) A national industrial standard that drives up the cost of imported televisions

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Definitions:

Legal Entities

Organizations that have legal rights and obligations, including the ability to enter into contracts and own property, separate from their individual members.

General Public

The collective of individuals in a society, often used to refer to the average consumers or citizens.

Board of Directors

A body of people chosen by stockholders to supervise and make significant decisions regarding the corporation's management.

Corporate Management

The executives and senior officials responsible for leading and managing a corporation, including its strategies, operations, and policies.