Australia requires that imported farm and mining machinery be subject to strict inspection measures. Some manufacturers refuse to trade with the country because the associated costs cut into their profits to the point where it just isn't worth it. Australia has created a nontariff barrier. True or False True False

ENGR.ECONOMIC ANALYSIS
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ISBN:9780190931919
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Chapter1: Making Economics Decisions
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Australia requires that imported farm and mining machinery be subject to strict inspection measures. Some
manufacturers refuse to trade with the country because the associated costs cut into their profits to the point where it
just isn't worth it. Australia has created a nontariff barrier.
True or False
True
False
Transcribed Image Text:Australia requires that imported farm and mining machinery be subject to strict inspection measures. Some manufacturers refuse to trade with the country because the associated costs cut into their profits to the point where it just isn't worth it. Australia has created a nontariff barrier. True or False True False
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