Political Science, asked by queen915, 4 months ago

what is meant by trade barriers? ​

Answers

Answered by nayakdebi
3

A barrier to trade is a government-imposed restraint on the flow of international goods or services. Tariffs raise the price of imported goods relative to domestic goods (good produced at home). Another common barrier to trade is a government subsidy to a particular domestic industry.

Answered by nehabarthwal
1

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. Tariffs raise the price of imported goods relative to domestic goods (good produced at home

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