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What are the different type of …

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What are the different type of trade barrier improved by the government

Posted by Lakshya Maithil 6 years, 7 months ago

CBSE > Class 10 > Social Science

1 answers

Gaurav Seth 6 years, 7 months ago

A barrier to trade is a government imposed restraint on the flow of international goods or services. The most common barrier to trade is a tariff—a tax on imports. Tariffs raise the price of imported goods relative to domestic goods (goods produced at home).

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CBSE > Class 10 > Social Science