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What are trade barriers ??? |
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Answer» 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. A government imposed restriction on the free international exchange of goods or services.Trade barriers are generally classified asimport policies reflected in tariffs and other import charges, quotas, import licensing, customs practices,standards, testing, labeling, and various types of certification1.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. I need some more points Barrier on trade with other countries. |
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