What is a trade barrier ?

2 answers:

5 0

Trade barriers are government-induced restrictions on international trade. Economists generally agree that trade barriers are detrimental and decrease overall economic efficiency; this can be explained by the theory of comparative advantage

r-ruslan [8.4K]3 years ago

3 0

A trade barrier is something that stops countries from freely trading with each other (this can be as a result of conflict)

For example, In China and India, through wars, a gradual trade barrier has been created due to the fact that the countries are going through warfare tension

❤Gianna❤

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