asked 219k views
2 votes
How do standards act as barriers to trade?

OA. They set limits on the total amount of imported goods.
B. They tax imported goods in order to increase their price.
OC. They use government funds to lower the cost of domestic goods.
OD. They force imported goods to meet certain criteria.
SUBMIT

asked
User Santhy K
by
8.0k points

1 Answer

3 votes

Standards act as barriers to trade because they force imported goods to meet certain criteria. (Option D)

How is that so?

Standards are documented agreements containing technical specifications or other precise criteria to be used consistently as rules, guidelines, or definitions of characteristics to ensure that materials, products, processes, and services are fit for their purpose.

In simpler terms, they are agreed-upon ways of doing things that help ensure quality, safety, and consistency. There are organizations that ensures that these standards are met and followed.

answered
User Yiinewbie
by
9.0k points

No related questions found

Welcome to Qamnty — a place to ask, share, and grow together. Join our community and get real answers from real people.