What is trade barriers in international business?
Answers
Answered by
0
Hi..
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. It also benefits, since companies gain a competitive advantage in global trade. Imports allow foreign competition to reduce prices for consumers. It also gives shoppers a wider variety of goods and services.
Hope it helps u out...
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. It also benefits, since companies gain a competitive advantage in global trade. Imports allow foreign competition to reduce prices for consumers. It also gives shoppers a wider variety of goods and services.
Hope it helps u out...
Similar questions