Question

Why tarrif barriers are important in globalisation. do not spam otherwise i will report your answer​

Answer 1

Answer:

Tariffs also tend to be anti-poor, with low rates for raw commodities and high rates for labor-intensive processed goods. If international trade is economically enriching, imposing barriers to such exchanges will prevent the nation from fully realizing the economic gains from trade and must reduce welfare.

Answer 2

$\huge\bold\red{Answer:-}$

Man-made trade barriers come in several forms, including:

• Tariffs.
• Non-tariff barriers to trade.
• Import licenses.
• Export licenses.
• Import quotas.
• Subsidies.
• Voluntary Export Restraints.
• Local content requirements.