Question

Give some examples for trade barriers ?

Answer 1

Answer:

Trade barriers are restrictions on international trade imposed by the government. They are designed to impose additional costs or limits on imports and/or exports in order to protect local industries. These additional costs or increased scarcity result in a higher price of imported products and thereby make local goods and services more competitive.

There are three types of trade barriers: Tariffs, non-tariffs, and quotas.

Explanation:

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Answer 2

Answer:

1- Tariffs

2- Non Tariffs

3- Quotas