All but which of the following is a non-tariff barrier to trade? Product safety requirements Import...
All but which of the following is a non-tariff barrier to trade?
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Product safety requirements |
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Import quotas |
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Local content requirements |
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Banning foods containing genetically-modified organisms (GMOs) |
Homework Answers
Banning foods containing genetically-modified organisms (GMOs) is not a non-tariff trade barrier to trade. Product safety requirement,ent is a non-tariff barrier as it restricts trade of products below the required specifications. Similarly, import quota is also a non-tariff barrier through which the quantity of trade is restricted. The correct option is "Banning foods containing genetically-modified organisms (GMOs)".
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