CBSE BOARD X, asked by mankirajput999, 1 year ago

what is meant by trade barriers?

Answers

Answered by Anonymous
5
...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 (goods produced at home).

mankirajput999: r u in 10 class
Answered by prabhjotmatta11
3

The restrictions on trade set up by the government are known as trade barriers.

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