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Foreıgn Trade
Foreıgn Trade Deneme Sınavı
Foreıgn Trade Deneme Sınavı Sorusu #1405144
Foreıgn Trade Deneme Sınavı Sorusu #1405144
Which of the following non-tariff restrictions is the strictest kind of restrictions preferred for political reasons?
Import prohibitions |
Embargoes |
Import quotas |
Tariff quotas |
Foreign exchange restrictions |
Yanıt Açıklaması:
Embargoes are one of the strictest kinds of restriction among all non-tariff restrictions. In the embargo, trade is restricted in two ways: entry of products from a country and the sale of products to that country. The embargo may be implemented only for the trade of certain products, or for any trade relations with a country. This practice is sometimes preferred for non- economic reasons, in other words, political reasons.
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