Non tariff barriers to free international trade include 1 Quotas 2 Environment concerns 3 Health con...........

Economic Affairs Foreign Trade - Trends and Policy

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Non-tariff barriers to free international trade include:

1. Quotas

2. Environment concerns

3. Health concerns

4. Labour Standards

Select the correct answer from the codes given

below:

1 and 2 only

1 and 3 only

1, 2 and 3 only

1, 2, 3 and 4

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Explanation:

A nontariff barrier is a form of restrictive trade where barriers to trade are set up and take a form other than a tariff. Nontariff barriers include quotas, embargoes, sanctions, levies and other restrictions and are frequently used by large and developed economies.