In: Economics
10) Which of the following nontariff barriers (NTBs) may generate revenue for the government?
Multiple Choice
a) Government procurement
b) Import quota
c) Voluntary export restraint
d) Domestic content requirement
correct option is (b)
IMPORT QUOTA
Explanation----------
Import quota is a non- tariff barrier which may generate revenue to the govt.In fact ,quota may or may not generate revenue to the govt.Quota may generate revenue but it depends on how the quota is administered by selling quota tickets.