Question

Which of the following is an example of a Trade Barrier?​
Tax on Imports
Custom Duty
Transit Permits
All the above

Answer 1

Answer:

Tax on Imports

Explanation:

Option C I.e Tax on imports is the correct answer. The tax which is lieved on the foreign goods at their entry in a country is referred to as Import Tax or tax on imports. It is thus one of the example of trade barrier as it hampers the trade between the countries or states.