What Is Meant by a Trade Barrier? (2024)

Liberalisation and Its Benefits

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A trade barrier is a kind of measure which are introduced by the government or public authorities in order to make imported goods and services are less competitive than locally produced goods and services. In other words, trade barrier means the obstacles which are put in place by the government in order to limit free trade between the national economics.

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What Is Meant by a Trade Barrier? (2024)
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