If a government uses barriers to foreign products such as biases against a foreign company's bids or product standards that go against a foreign company's product features the government is using ?
Correct answer: D. nontariff trade barriers
- A. Protectionism
- B. exchange controls
- C. exchange facilitators
- D. nontariff trade barriers
Explanation
Nontariff trade barriers restrict imports without using an ordinary customs tariff, including discriminatory standards and biased government purchasing rules. Protectionism is the broader policy objective, whereas the examples given are specific nontariff barriers.
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