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#1 2015-02-06 09:51:27

attique
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Registered: 2015-02-02
Posts: 48

Discuss The International Trade Barriers

International Trade Barriers:


Free trade refers to the elimination of barriers to international trade. The most common barriers to trade are tariffs, quotas, and nontariff barriers.

Tariffs:


A tax imposed on imported goods and services. Tariffs are used to restrict trade, as they increase the price of imported goods and services, making them more expensive to consumers.

Quota:


In international trade, Quota is government-imposed limit on the quantity, or in exceptional cases the value, of the goods or services that may be exported or imported over a specified period of time.

2015-02-06 09:51:27

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Re: Discuss The International Trade Barriers



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