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Which of these Non Tariff Barriers does not have Price Impact?Select one:a.Quality Controlb.Subsidiesc.Aids And Loansd.Aids And Loans

Question

Which of these Non Tariff Barriers does not have Price Impact?

Select one:

  • a. Quality Control
  • b. Subsidies
  • c. Aids And Loans
  • d. Aids And Loans
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Solution

To determine which of the listed Non-Tariff Barriers (NTBs) does not have a price impact, let’s analyze each option briefly.

  1. Quality Control: This typically involves standards that products must meet before entering a market. While it can affect costs for compliance, it doesn’t directly alter pricing structures in a uniform manner across the board.

  2. Subsidies: These directly impact prices by lowering the effective cost of production for certain goods, allowing producers to sell at lower prices.

  3. Aids and Loans: These can contribute to lowering costs for businesses but might not directly result in a price impact across the entire market.

Upon examination, Quality Control is generally regarded as a non-tariff barrier that does not typically have a direct price impact, as it focuses on specifications rather than financial or market prices.

Final Answer

a. Quality Control does not have a price impact.

This problem has been solved

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