kash209 kash209
  • 15-01-2021
  • Biology
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Why are barriers sometimes placed on trade?

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iiMadHatterXD
iiMadHatterXD iiMadHatterXD
  • 21-01-2021

Answer:

Both tariffs and subsidies raise the price of foreign goods relative to domestic goods, which reduces imports. Barriers to trade are often called “protection” because their stated purpose is to shield or advance particular industries or segments of an economy.

Explanation:

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