Which of the following is not an example of a trade restriction?
A)Tariffs
B)Quotas and voluntary export restraints
C)Legislation requiring that cars sold in a country have a 50 per cent domestic content
D)Consumer preferences for goods produced domestically

Question

Quizplus · Accepted Answer

Consumer preferences for goods produced domestically are not a form of trade restriction as they do not involve government-imposed barriers to trade. Rather, they reflect a purely market-driven preference for domestically produced goods over imports.

Which of the Following Is Not an Example of a Trade