What is trade barrier? How government can use yrade barrier?
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Answered by
62
any kind of restriction which are imposed by government of a country to check free flow of goods and services are called trade barriers..........
government can use trade barriers to increase or decrease foreign trade and to decide what kinds of goods and how much of each , should come into the country...........
please mark it as brainliest,.........
government can use trade barriers to increase or decrease foreign trade and to decide what kinds of goods and how much of each , should come into the country...........
please mark it as brainliest,.........
Answered by
7
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.Nov
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