Why are trade barriers imposed on the foreign trade and invest in a country. Explain with the help of two example
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3
Trade barriers are used by the governments -
To increase, decrease or regulate foreign trade.
To decide what kinds of goods and how much of each, should come into the country.
To protect the producers within the country from foreign competition.
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15
Answer:
1.To control the international trade.
2.for the protection of local trade and companies.
3.For balanced development of the country.
4.For the development of local industries.
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