In the context of trade policy tools, Which of the following is considered as non-tariff measure? I. Anti-dumping measures II. Technical barriers to trade measures
Both I and II
Trade policy tools are broadly divided into tariff measures (taxes on imports) and non-tariff measures (all other regulatory barriers).
Anti-dumping measures are actions taken against imports priced below fair value; they are a non-tariff measure used to protect domestic industry.
Technical barriers to trade, such as standards, testing and certification requirements, are also non-tariff measures.
Since both statements describe non-tariff measures, both are correct.
Hence, the correct answer is Both I and II.
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