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Trade Barriers: Definition, Types & Impact on Global Trade

  1. What is trade barrier?
  2. Differentiate between an effective and an ineffective trade barrier

Overview

Introduction

Trade barriers are government-imposed restrictions that affect international trade. They include tariffs, quotas, and regulations that influence imports and exports. This article explores the meaning of trade barriers, their various types, and the distinction between effective and ineffective trade restrictions.

https://corporatefinanceinstitute.com/resources/economics/trade-barriers/

https://www.economicshelp.org/blog/glossary/trade-barriers/

 

 

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