Which of the Following Is NOT True of Nontariff Barriers

question 39

Multiple Choice

Which of the following is NOT true of nontariff barriers to imports?

• A)Nontariff barriers can limit imports with greater certainty than tariffs.
• B)Unlike tariffs, the nontariff barriers do not increase the price of the imported goods in the domestic markets.
• C)Some nontariff barriers create uncertainty about the conditions under which imports will be permitted.
• D)Like tariffs, nontariff barriers also result in a net welfare loss in a small country.

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Definitions:

Estimating Components

The process of assessing and predicting the necessary elements, costs, and resources for a project or manufacturing process.

Time Estimates

The approximation of the amount of time needed to complete tasks or projects, often used in planning and scheduling.

Probabilities

A measure or estimation of how likely it is that an event will occur, expressed as a number between 0 and 1.

Generating Alternative Solutions

The process of identifying multiple potential responses or strategies to address a given problem or challenge.