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How do trade barriers work 2024?
barrier
trade barrier
Questioner:Benjamin Stewart 2023-04-24 17:06:51
The most authoritative answer in 2024
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Lily Patel——Studied at the University of Sydney, Lives in Sydney, Australia.
A
barrier to
trade is a government-imposed restraint on the flow of international goods or services. The most common
barrier to
trade is a tariff--a tax on imports. Tariffs raise the price of imported goods relative to domestic goods (goods produced at home).
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