Overcoming Barriers to Trade Restrictions

Instructions:

Choose an answer and hit 'next'. You will receive your score and answers at the end.

question 1 of 3

Which of the following is classed as a tariff barrier?

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1. Which of the following may NOT involve the buying of shares in another company?

2. Why would a direct merchant be willing to buy products abroad rather than wait for the exporter to send them to him or her?

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About This Quiz & Worksheet

The following quiz/worksheet set helps you measure your knowledge of different strategies for avoiding trade barriers. You will be quizzed on specific tactics and trade barriers that countries use.

Quiz & Worksheet Goals

These questions allow you to see what you know about:

  • Ventures that do not always require purchasing shares in another country
  • Non-tariff trade barriers
  • Strategies used by companies to get around trade barriers

Skills Practiced

  • Reading comprehension - ensure that you draw the most important information from the material, such as why merchants might go to another country to purchase products
  • Information recall - access the knowledge you've gained regarding examples of non-tariff barriers
  • Knowledge application - use your knowledge to answer questions about different strategies used to avoid trade barriers as well as possible legal ramifications

Additional Learning

If you would like a more in-depth look at this topic, review the lesson titled Overcoming Barriers to Trade Restrictions. It will help you with concepts like:

  • Historical attempts to avoid trade barriers
  • What a wholly owned subsidiary is
  • Ways franchise networks allow companies to get around restrictions
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