Which of the Following Is an Example of Nontariff Trade

question 91

Multiple Choice

Which of the following is an example of nontariff trade barrier?

• A) Gayle Inc. is a U.S.-based retailer that imports cosmetic products manufactured in Thailand. These products pass through U.S. customs and are subject to a 5 percent import duty.
• B) The U.S. imports chocolates manufactured in Belgium that cost $65 a box with taxes.
• C) The U.S. Department of Commerce announced that white sugar imports will be limited to 7,500 million tons.
• D) Spices imported from India to the U.S. for sale in the domestic market are subject to a 10 percent import duty.

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Definitions:

Positive Evaluation

The act of assessing something favorably, highlighting its strengths and merits often in a subjective manner.

Performance Evaluation

The systematic process of assessing an individual’s job performance and productivity in relation to established criteria and organizational objectives.

Punctuality

The characteristic of being able to complete a required task or fulfill an obligation before or at a previously designated time.

Social Desirability Bias

The tendency of respondents to answer questions in a manner that will be viewed favorably by others, often leading to inaccuracies in self-report measures.