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What is trade barrier? How governments can use trade barriers? |
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Answer» ✔✔ Hello mate ✔✔ here's your answer 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. ... Subsidies make those goods CHEAPER to PRODUCE than in FOREIGN markets. This results in a lower domestic price. ¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤ ¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤ Hope it helps you |
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