Social Sciences, asked by MinnaImam123, 7 months ago

What is tarrif barriers? simple definition

Answers

Answered by taibakhatoon990

Answer:

Example sentences from the Collins Corpus

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Because that means accepting high tariff barriers towards the rest of the world and no freedom to strike our own trade deals.

Times, Sunday Times (2017)

The risk of tariff and non-tariff barriers to trade is uppermost in the minds of overseas companies when reviewing their investment programmes for Britain.

Explanation:

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Answered by yakumalas

Answer:

A tariff designed to make imports more expensive than domestically produced products. That is, a tariff barrier is a tax imposed upon imports to protect local industries and companies.

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