Q6 · UPSC current affairs · 12 September 2026 · News · BRICS Business Forum and Global Trade Barriers

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Which of the following best describes 'Non-Tariff Barriers' in international trade?

A Taxes levied directly on the physical weight of imported raw materials
B Regulatory or administrative restrictions other than tariffs that restrict international trade
C Direct financial subsidies provided by governments to domestic exporters
D Mandatory port parking fees charged to international cargo vessels

Correct answer: (b) Regulatory or administrative restrictions other than tariffs that restrict international trade

Explanation

Key B is correct because non-tariff barriers refer to regulatory or administrative restrictions (other than traditional tariffs) that affect international trade. Tariffs and subsidies involve financial duties, not administrative trade regulations.

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