Economy, asked by sandeep738660585, 5 months ago

what is tred barrier​

Answers

Answered by keerthikk156
1

Answer:

Trade barriers are government-induced restrictions on international trade. Economists generally agree that trade barriers are detrimental and decrease overall economic efficiency; this can be explained by the theory of comparative

follow me

Answered by loki2106
3

Trade barriers are restrictions on international trade imposed by the government. They are designed to impose additional costs or limits on imports and/or exports in order to protect local industries. ... There are three types of trade barriers: Tariffs, non-tariffs, and quotas.

#loki

Similar questions