what is meant by trade?
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Trade is a basic economic concept involving the buying and selling of goods and services, with compensation paid by a buyer to a seller, or the exchange of goods or services between parties...
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Trade barriers are nothing but the type of measures which are introduced by government or public authorities to make imported goods or services less competitive than locally produced goods and services. Not everything that prevents or restricts trade can be charecterished as a trade barrier. Answer By Toppr.
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