Due to some of the 11,000 trade regulations that specify how goods are to be made and marketed, Japanese car safety rules effectively require all automobile replacement parts to be Japanese. Rules like these often function as
A) economic infrastructure.
B) trade barriers.
C) universal codes.
D) binding requirements.
E) targets for bribery.

Question

Quizplus · Accepted Answer

Trade barriers are regulations or policies that restrict international trade, often to protect domestic industries. In this case, Japanese car safety rules act as trade barriers by making it difficult for non-Japanese automobile replacement parts to enter the market.

Due to Some of the 11,000 Trade Regulations That Specify