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An example of trade barrier

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An example of trade barrier

Posted by Tawar Ji 5 years, 11 months ago

CBSE > Class 10 > Social Science

1 answers

Yogita Ingle 5 years, 11 months ago

Tax on imports is an example of trade barrier. It is called a barrier because some restriction has been set up.
Governments use trade barriers to increase or decrease (regulate) foreign trade and to decide what kinds of goods and how much of each, should come into the country.

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CBSE > Class 10 > Social Science