- CFA Exams
- CFA Level I Exam
- Topic 2. Economics
- Learning Module 6. International Trade
- Subject 2. International Trade Restrictions and Agreements
CFA Practice Question
In the mid-1990s, the United States considered requiring tomatoes to be stacked in boxes without padding. The effect of this regulation would have been to ruin vine-ripened tomatoes imported from Mexico. Such an act is considered an example of a ______.
A. quota
B. VER
C. non-tariff barrier
Explanation: Non-tariff barriers are indirect regulatory restrictions on imports and exports. Shipping requirements are an example of these.
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