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❤

You might be interested in

Qual e a capital de japão

VMariaS [17]

Answer:

Tokio....................

3 0

3 years ago

What is social harmony

Natali [406]

Answer:

Social harmony is the living together of people of a particular social group with love, care, respect and brotherhood, regardless of their religion, region, caste, gender, colour etc.

6 0

3 years ago

Why is the lakshadweep islands not highly ppulated

Jet001 [13]

The main reason, which I have read about in some books, is that they do not permit industrial building on those islands, so who would want to live there? It is a very bare bones society.

5 0

3 years ago

The rock cycle includes all of the steps except which of the following?

Nimfa-mama [501]

B: sediments melt deep beneath earth's surface

5 0

3 years ago

A circle has a diameter

torisob [31]

The circumference of circle is 20.096 units

Solution:

Given that circle has a diameter with endpoints at (10, 8) and (5, 4)