what is meant by trade barrier? why do governments use it? explain in simple words
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Answered by
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hey mate your answer
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. ... Subsidies make those goods cheaper to produce than in foreign markets. This results in a lower domestic price.
Textiles, apparel and footwear are the manufactured goods which are most commonly protected by trade barriers. ... National firms often lobby their own governments to enact regulations that are designed to keep out foreign firms, and modern trade deals are one way to do away with such regulations.
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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. ... Subsidies make those goods cheaper to produce than in foreign markets. This results in a lower domestic price.
Textiles, apparel and footwear are the manufactured goods which are most commonly protected by trade barriers. ... National firms often lobby their own governments to enact regulations that are designed to keep out foreign firms, and modern trade deals are one way to do away with such regulations.
plzzzzz mark as brainliest
lalrinnghetiralte925:
good and appropriate answer.... thnxxx
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Answered by
6
A government impose restrictions on the free international exchange of goods or service is called trade barriers.
thnx 4 da help!!!!
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