Question

________ is/are a nontariff barrier that was specifically designed to prevent foreign producers from using predatory pricing to take control of U.S. markets.

Answer 1

Nontariff barriers, such as safety standards, are a type of trade barrier that countries impose to restrict imports and protect their domestic industries.

Step-by-step explanation:

Nontariff barriers are a type of trade barrier that countries impose to make it more costly or difficult to import products. One specific type of nontariff barrier designed to prevent foreign producers from using predatory pricing to take control of U.S. markets is the application of safety standards. For example, the U.S. may require certain safety certifications that foreign producers might find expensive or difficult to obtain, effectively limiting their ability to compete. This serves as a measure to protect domestic industries.