CIPS Exam L3M1 Topic 4 Question 9 Discussion

Actual exam question for CIPS's L3M1 exam

Question #: 9
Topic #: 4

[All L3M1 Questions]

Which of the following constitute non-tariff barriers to trade?

AIncreased import duties

BComplex customs procedures and paperwork for any goods crossing borders

CReduced import duties

DGovernment subsidies to domestic producers

Show Suggested Answer

Suggested Answer: B, D

Coal and oil are the correct answers. These are finite resources and will run out some day.

The others shown are renewables.

by Anglea at Apr 29, 2024, 03:39 AM

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2 days ago

I think B) Complex customs procedures and paperwork for any goods crossing borders is a non-tariff barrier.

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5 days ago

Option B is definitely the correct answer. Complex customs procedures are a major non-tariff barrier that can hinder trade.

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8 days ago

Government subsidies to domestic producers can also be considered non-tariff barriers, right?

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9 days ago

I agree with Tashia, those definitely make trade more difficult.

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11 days ago

I think complex customs procedures and paperwork are non-tariff barriers.

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