What is trade barrier? How governments can use trade barriers?
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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.
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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
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