Question

Which of the following refers to trade barrier in the context of WTO?
I. Restrictions on domestic trade.
II. Not allowing companies to do foreign trade beyond specific quantity.
III. Restrictions on the export and import of goods.

• A. (I), (II) and (III)
• B. (II) and (III)
• C. (I) and (III)
• D. (I) and (II)

Answer 1

The correct option is B (II) and (III)

World Trade Organisation (WTO) is an organisation whose aim is to liberalise international trade. It is not
involved in domestic trade.