Social Sciences, asked by sudhanshurajora58, 5 months ago

what is the trade barrier ?how does indian government use trade barriers to control foreign trade​

Answers

Answered by tanvi1307
1

Answer:

Trade barriers are government-induced restrictions on international trade. Barriers take the form of tariffs (which impose a financial burden on imports) and non-tariff barriers to trade(which uses other overt and covert means to restrict imports and occasionally exports).

Explanation:

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Answered by aqsanajeebniazi
2

Answer:

Trade barriers are government-induced restrictions on international trade. Barriers take the form of tariffs (which impose a financial burden on imports) and non-tariff barriers to trade (which uses other overt and covert means to restrict imports and occasionally exports).

Explanation:

Generally, governments impose barriers to protect domestic industry or to “punish” a trading partner. Economists generally agree that trade barriers are detrimental and decrease overall economic efficiency.

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