Question

what do you mean by trade barrier and also what is known as liberalisation ​

Answer 1

Answer:

Trade barriers refers to certain restrictions which are imposed by the government for the free exchange or trading of goods and services with the foreign countries.

liberalisation is the method of removing state regulations over economic activities

Explanation:

Answer 2

Answer:

Barriers or restrictions that are imposed by government on free import and export activities are called trade barrier.

Tax on imports is a vital trade barrier. Trade liberalization is the removal or reduction of restrictions or barriers on the free exchange of goods between nations. These barriers include tariffs, such as duties and surcharges, and nontariff barriers, such as licensing rules and quotas.