Which of the following is not a non-tariff barrier?

Voluntary export restraint

No worries! We‘ve got your back. Try BYJU‘S free classes today!

Health and product standards

No worries! We‘ve got your back. Try BYJU‘S free classes today!

Environmental protection laws

No worries! We‘ve got your back. Try BYJU‘S free classes today!

Ad-valorem duties

Right on! Give the BNAT exam to get a 100% scholarship for BYJUS courses

Open in App

Solution

The correct option is D Ad-valorem duties
Tariff barriers refers to various tariffs or duties imposed on foreign trade transactions to impose trade restrictions. Among the given options ad-valorem duty is tariff barrier, while the others are non-tariff barriers to trade.
Ad-valorem duty is imposed on import goods as percentage of the total value of goods imported.

Suggest Corrections

Similar questions

Q23. Which of the following is are non-tariff barriers in international trade

1. Labour laws & environmental laws

2. Anti-dumping laws

3. Custom duties

4. Import Quotas

Choose the correct answer

An ad valorem duty is a tax on the basis of:

Join BYJU'S Learning Program