Which one is an example of trade barrier?
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List examples of trade barriersList of trade barriers would be:
1) Tariffs
2) Quotas
3) Embargo
4) Standards
5) Subsidies.
1) Tariffs
2) Quotas
3) Embargo
4) Standards
5) Subsidies.
subhraroy06:
A. Tax of imports
B. Tax on exports c. Liberalisation of imports or none of these
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Plz give only one option out of four
i think tht c
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Answered by
1
One example of a ‘trade barrier’ is the taxes which are imposed on imports of certain goods.
Explanation:
- These taxes lead to a rise in the prices of goods which make the process of imports very uncompetitive in the markets.
- There are various government policies that act as a trade barrier and put a ‘restriction’ on the import and export of goods through international trading.
- These trade barriers result in making the process ineffective in regards to import and export of goods because of the restrictions by the government.
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