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What are trade barriers ???

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What are trade barriers ???

Posted by Shourya Yadav 8 years ago

CBSE > Class 10 > Social Science

4 answers

Aditya Rai 8 years ago

Trade barriers are measures that governments or public authorities introduce to make imported goods or services less competitive than locally produced goods and services. Not everything that prevents or restricts trade can be characterised as a trade barrier.

Dhanuja Shri 8 years ago

A government imposed restriction on the free international exchange of goods or services. Trade barriers are generally classified as import policies reflected in tariffs and other import charges, quotas, import licensing, customs practices, standards, testing, labeling, and various types of certification 1.direct procurement by government, 2.subsidies for local exporters, 3.lack of copyright protection, 4.restrictions on franchising, licensing, technology transfer, 5 restrictions on foreign direct investment, etc.

Shourya Yadav 8 years ago

I need some more points

Samaira Sen 8 years ago

Barrier on trade with other countries.

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