Question 8 of 15 How do trade barriers affect the African economy today? O A. They allow Africa to sell goods at a higher profit

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Question 8 of 15 How do trade barriers affect the African economy today? O A. They allow Africa to sell goods at a higher profit

. OB. They cause Africa to export more goods. C. They result in Africa relying too heavily on subsidies. D. They force Africa to lower the prices on its goods.

Geography

1 answer:

-BARSIC- [3] · Answer 1 · 2022-03-01T18:14:37+03:00

Answer:

D. They force Africa to lower the prices on its goods.

Explanation:

Trade barriers refers to the restrictions on the international trade and commerce that is induced by the government of a country. Trade barriers have a bad effect on the economy of a country. It is detrimental as considered by economist.

Countries like that of Africa who imposed a trade barrier on the international trade suffers a lot on economic efficiency of the country. These countries depends on the exports for funding their economy. Trade barriers in Africa forced the businesses to sell their goods at a lower price that affects the economy greatly.