Question

reason for trade barriers ​

Answer 1

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)

Explanation:

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. This results in a lower domestic price. Both tariffs and subsidies raise the price of foreign goods relative to domestic goods, which reduces imports.

Barriers to trade are often called “protection” because their stated purpose is to shield or advance particular industries or segments of an economy. From an economic perspective, though, the costs to the economy of reducing its opportunities to trade almost always outweigh the benefits enjoyed by those who are protected.

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Answer 2

The most common berries to trade is tariff- a tax on imports