Social Sciences, asked by ytkingo, 1 month ago

define trade barriers​

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Answered by tulikadas12a72
2

Answer:

Trade barriers are government-induced restrictions on international trade. Economists generally agree that trade barriers are detrimental and decrease overall economic efficiency; this can be explained by the theory of comparative advantage

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Answered by Anonymous
3

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A barrier to trade is a government-imposed restraint on the flow of international goods or services.The most common barrier to trade is a tariff–a tax on imports. Tariffs raise the price of imported goods relative to domestic goods (good produced at home).

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