Social Sciences, asked by indirabam45, 10 months ago

how can govt used trade berrier​

Answers

Answered by Anonymous
0

Answer:

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). Another common barrier to trade is a government subsidy to a particular domestic industry. Subsidies make those goods cheaper to produce than in foreign markets.

Answered by samsin12
1

Answer:

Government use trade barriers to control the foreign trade in one country trade barriers are mainly to protect the local producers from the high competition of the world Trade barriers make some restrictions on the International MNCs reducing the internal competition

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