Which of the following measures involve total ban imposed by government on import or export of some or all commodities to particular country or…

CA Foundation · Business Economics · MTP · September 2024
Which of the following measures involve total ban imposed by government on import or export of some or all commodities to particular country or regions for a specified or indefinite period?
(A) A. Import Quotas
(B) B. Anti-Dumping Duties
(C) C. Escalated Tariffs
(D) D. Embargos

Suggested Answer and Working Notes:

Correct Answer: Option (D)

D. Embargos

Topics: International Trade

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