How do trade barriers work 2024?
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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).
2023-04-24 17:06:51
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Julian Davis
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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).