what are trade barriers?why does government uses trade barriers?
Answers
A barrier to trade is a government-imposed restraint on the flow of international goods or services. ... 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).
Trade barriers are legal measures put into place primarily to protect a nation's home economy. ... Such trade barriers take the form of tariffs or taxes. and generally benefit governments, domestic producers, and national interests at the expense of consumers.
Answer:
Explanation:
Trade barriers are legal measures put into place primarily to protect a nation’s home economy
They typically reduce the quantity of goods and services that can be imported. Such trade barriers take the form of tariffs or taxes and generally benefit governments, domestic producers, and national interests at the expense of consumers.