Tariff obstacles are the following, except; a. Legal Restriction b. Import And Export Quotas c. Exchange Controls d. Protectionism e. Import and Export Tariffs
Question
Tariff obstacles are the following, except;
a. Legal Restriction b. Import And Export Quotas c. Exchange Controls d. Protectionism e. Import and Export Tariffs
Solution
The question is asking which of the options is not considered a tariff obstacle.
a. Legal Restriction - This can be considered a tariff obstacle as it involves laws that may restrict trade. b. Import And Export Quotas - These are definitely tariff obstacles as they limit the amount of goods that can be imported or exported. c. Exchange Controls - These are also tariff obstacles as they involve controls on the exchange of currencies which can affect trade. d. Protectionism - This is a tariff obstacle as it involves policies that protect domestic industries from foreign competition. e. Import and Export Tariffs - These are the most direct form of tariff obstacles as they involve taxes on goods being imported or exported.
So, all of the options listed can be considered tariff obstacles. There seems to be a mistake in the question as all the options listed are indeed tariff obstacles.
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