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CIPS L3M3 Exam - Topic 2 Question 50 Discussion

Which one of the following is least likely to be a barrier to free trade?
C) Trading blocs
A) Exchange controls
B) Subsidies for exporters and internal producers of products
D) Embargoes

CIPS L3M3 Exam - Topic 2 Question 50 Discussion

Actual exam question for CIPS's L3M3 exam
Question #: 50
Topic #: 2
[All L3M3 Questions]

Which one of the following is least likely to be a barrier to free trade?

Show Suggested Answer Hide Answer
Suggested Answer: C

Trading blocs eg EU, EFTA, ASEAN aim to free up trade within the bloc; the other answers of-fered will negatively affect free trade.


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Domitila
4 days ago
B) Subsidies can distort competition too.
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Kerry
9 days ago
Definitely, D) Embargoes are strong barriers.
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Kristofer
14 days ago
A) Exchange controls can restrict trade.
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Jannette
19 days ago
Agreed! Trading blocs promote trade.
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Catalina
25 days ago
I think C) Trading blocs is the least likely barrier.
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Billye
30 days ago
Embargoes are the biggest barrier for sure!
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Venita
1 month ago
I’m not so sure about that. Seems like they can help trade.
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Glory
1 month ago
Wait, are we really considering trading blocs as a barrier?
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Leonardo
2 months ago
I think subsidies can be a big issue too.
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Loreta
2 months ago
Trading blocs definitely create barriers.
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Sharita
2 months ago
I practiced a similar question where we had to identify barriers, and I think embargoes are pretty strong barriers, so maybe trading blocs are the answer here.
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Garry
2 months ago
I feel like exchange controls are definitely a barrier, but I can't recall if they are more significant than embargoes.
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Pedro
2 months ago
I'm not so sure about that. I remember discussing how subsidies can distort free trade, but I'm not clear on their ranking as barriers.
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Kristeen
2 months ago
I think trading blocs might be the least likely barrier since they often promote trade between member countries.
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