Which of the following are examples of trade barriers? Select the three correct answers

(1 point)

1 answer

To help you better, I would need to know the specific options you are considering as examples of trade barriers. However, common trade barriers include:

  • Tariffs: Taxes imposed on imported goods to make them more expensive and thus less competitive against domestic products.
  • Quotas: Limits on the amount of a specific good that can be imported, restricting supply and protecting domestic industries.
  • Subsidies: Government financial support for local businesses, allowing them to reduce their prices and compete more effectively against foreign imports.

If you provide the list of specific options you have, I can identify which are trade barriers.