Question

What is the meaning of trade barriers?

Answer 1

Instructions:
Barrier is anything that prevents movement, flow or access. So a trade barrier is anything that prevents trade between countries.

Solution:

1. Trade barriers are the restrictions on foreign trade imposed by the government of a country.
2. These are in the form of taxes and quotas imposed on imports
3. Governments can use trade barriers to increase or decrease foreign trade and to decide what kinds of goods and how much of each, should come into the country.