Liberalised Trade Policies to Promote Globalisation
Trade barrier...
Question
Trade barriers usually refer to the designed to restrict international trade with other countries.
A
trade secrets
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B
trade policies
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C
trade schemes
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D
trade staretegies
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Solution
The correct option is B trade policies Trade barriers refer to certain restrictions. These restrictions are usually trade policies designed to restrict international trade with other countries. Governments use taxation and quotas as a part of such trade barriers.