Question

question 6 5 pts in the context of the barriers to international trade, establishing standards on how certain products are produced is most likely a(n) ______.
quota
embargo
trading bloc
nontariff barrier

Explanation:

1. Analyze each option:

• Quota: A quota is a limit on the quantity of a good that can be imported, not related to production standards.
• Embargo: An embargo is a complete ban on trade with a country, not about production standards.
• Trading bloc: A trading bloc is a group of countries with reduced trade barriers among themselves, not about production standards.
• Nontariff barrier: Nontariff barriers include regulations like product standards (how products are produced) that restrict trade without using tariffs. Establishing production standards fits this.

Answer:

D. nontariff barrier