Question

what are trade barriers in what forms did trade barriers exist prior to 1991​

Answer 1

Answer:

trade barriers are the resistance occur in trading internationally by a country.,

Answer 2

Answer:

Trade barriers are restrictions set up by the government against foreign trade and foreign investment. This was done to protect the growing domestic producers against the competition of the foreign producers.

Prior to 1991, in India, trade barriers existed in the form of tax on imports. Then if a country would want to export its products to India, the customers had to pay an additional amount as ‘import tax’ to buy their products.

They were eventually removed in 1991 as the Indian government now felt that the Indian producers are ready to compete with the world and that this competition will increase the quality of their products as well.