Question

Question :
What is meant by trade barrier?:(

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Answer 1

Trade barriers are the type of measures which are introduced by government or public authorities to make imported goods or services less competitive than locally produced goods and services.

Answer 2

Explanation:

Trade barriers are government-induced restrictions on international trade.Barriers take the form of tariffs (which impose a financial burden on imports) and non-tariff barriers to trade (which uses other overt and covert means to restrict imports and occasionally exports).

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