Tax on imports is one type of trade barrier. The government could also plays a limit on the number of goods that can be imported. This is known as courtes. Can you explain music example of Chinese does how court as can be used as article barriers do you think they should be used? Discuss...
Answers
Answered by
1
Refer the attachment.
Attachments:
Answered by
7
Mate it is Quotas
Quotas can be used as trade barriers by alloying Chinese toys manufacturing companies to export only a specific quantity of toys to Indian market. Tax will be changed on quantity exported beyond the specified limit . In such a case , buyers will have to pay a higher price on imported toys. Chinese will no longer be cheap in the Indian markets and imports from China will automatically be reduced. Indian toy market will prosper. However, in order to promote the process of globalisation, trade barrier should not be used .
Hope it helps
Similar questions