Question

why are trade barrier important.?​

Answer 1

Answer:

Barriers to trade are often called “protection” because their stated purpose is to shield or advance particular industries or segments of an economy

Answer 2

Answer:

Trade barriers, such as tariffs, have been demonstrated to cause more economic harm than benefit; they raise prices and reduce availability of goods and services, thus resulting, on net, in lower income, reduced employment, and lower economic output.