Q. What is meant by trade barrier ?
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trade barriers are government induced restrictions on international trade.
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The description of the given question is provided below.
Explanation:
- A barrier towards commerce seems to be a corporation that restricts the movement of marketing strategies internationally. Tariff taxation against importation has been the very most prevalent impediment to commerce.
- This somehow applies specifically to several constraints employed by a nation's government for increasing or diminishing foreign commerce, which including import taxes.
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