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Question

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

The correct answer is

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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