Question

Identify the incorrect statement about trade barriers. They may limit a firm's ability to serve a country from locations outside of that country. To conform to local content regulations, a firm may have to locate more production activities in a given market than it would otherwise. They may put a firm at a competitive advantage to indigenous competitors. They raise the costs of exporting products to a country.

Answer 1

Answer:

They may put a firm at a competitive advantage to indigenous competitors

Explanation:

Trade barriers is when the government put up barriers to import. The goal of this is to increase local production of goods and services.

Trade barriers can be in the form of quotas or import taxes

Trade barriers makes the import of goods more expensive and this discourages imports