CIPS Exam L3M3 Topic 1 Question 13 Discussion

Actual exam question for CIPS's L3M3 exam

Question #: 13
Topic #: 1

[All L3M3 Questions]

Which one of the following is least likely to be a barrier to free trade?

AExchange controls

BSubsidies for exporters and internal producers of products

CTrading blocs

DEmbargoes

Show Suggested Answer

Suggested Answer: D

Inability to touch something.

Services are intangible, which may present challenges when specifying / buying.

by Rolande at Jun 24, 2024, 02:35 PM

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Oretha

2 months ago

Embargoes? Oh, that's just plain old protectionism. Come on, let's keep things open and fair here.

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Erasmo

8 days ago

C) Trading blocs

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Britt

14 days ago

B) Subsidies for exporters and internal producers of products

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Tonette

15 days ago

A) Exchange controls

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Justine

19 days ago

We should focus on removing barriers like exchange controls and subsidies instead.

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Tamera

1 months ago

I agree, they are a form of protectionism that restricts trade.

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Janna

1 months ago

Embargoes are definitely a barrier to free trade.

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Brock

2 months ago

Trading blocs, huh? Sounds like a bunch of countries ganging up to keep the little guys out. Not a fan of that at all.

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Amalia

1 months ago

D) Embargoes

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Rosendo

1 months ago

C) Trading blocs

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Celestine

1 months ago

B) Subsidies for exporters and internal producers of products

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Therese

2 months ago

A) Exchange controls

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Cornell

2 months ago

Subsidies? Yeah, that's definitely gonna give some exporters an unfair advantage. Not very free trade-y if you ask me.

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Karon

21 days ago

True, it goes against the idea of free trade.

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Wade

23 days ago

Yeah, subsidies can definitely create an unfair advantage for some exporters.

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Kathryn

24 days ago

D) Embargoes

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Vi

25 days ago

C) Trading blocs

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Breana

27 days ago

B) Subsidies for exporters and internal producers of products

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Tomoko

1 months ago

A) Exchange controls

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Adelle

2 months ago

I disagree. I believe exchange controls are least likely to be a barrier to free trade because they can be easily adjusted to facilitate trade between countries.

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Lashonda

2 months ago

Hmm, exchange controls seem like a pretty clear barrier to me. Gotta keep that money flowing freely, am I right?

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Clement

1 months ago

D) Embargoes

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Antonio

1 months ago

C) Trading blocs

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Ronald

2 months ago

B) Subsidies for exporters and internal producers of products

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Vernell

2 months ago

A) Exchange controls

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Silva

2 months ago

I agree with An. Subsidies can actually promote trade by making products more competitive in the global market.

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An

3 months ago

I think subsidies for exporters and internal producers of products is least likely to be a barrier to free trade.

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