As a means to protect domestic industries, which of the following requirements is an example of a non-trade barrier?
As a means to protect domestic industries, which of the following requirements is an example of a non-trade barrier?
A non-trade barrier refers to regulatory measures other than tariffs that countries use to control the amount of trade across their borders. These can include quotas, embargoes, sanctions, and regulatory standards. Requesting a mandatory consular invoice is a type of documentation requirement that acts as a bureaucratic hurdle and can therefore be considered a non-trade barrier. It leads to additional costs and delays for foreign exporters, thus protecting domestic industries.
Requesting a mandatory consular invoice