The Most Severe Nontariff Barriers to Trade Include

question 22

Multiple Choice

The most severe nontariff barriers to trade include:

• A)Embargoes
• B)Quotas
• C)Currency Controls
• D)Suing the manufacturer

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Definitions:

75th Percentile

The value below which 75% of the data points in a dataset lie.

Q3

The third quartile in a data set, representing the value below which 75% of the data falls.

Q1

Stands for the first quartile in a data set, which is the median of the lower half of the data set.

Q2

Often refers to the median in the context of quartiles in descriptive statistics, which divides a data set into two equal parts.