Question

Write a note on trade barriers and trade strategies

Answer 1

Heya..

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• Trade Barriers are the custom duties or restrictions over the trade among countries...

• Motive of trade barriers r just to give the security or protection to the domestic industries...

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• Trade strategies are just the adoption of market policies to increase the trade...

• Such as to advertise the market shares.....

Thank you

Answer 2

Explanation:

The barriers can take many forms, including the following:

1.Tariffs.

2.Non-tariff barriers to trade include: Import licenses. Export licenses. Import quotas. Subsidies. Voluntary Export Restraints. Local content requirements. Embargo. Currency devaluation. Trade restriction.