which of the following are examples of trade barriers? select the three correct answers.

advantages, tariffs, embargoes, quotas, comparatives

1 answer

The three correct examples of trade barriers from your list are:

  1. Tariffs - Taxes imposed on imported goods to make them more expensive, thereby protecting domestic industries.
  2. Embargoes - Official bans or restrictions on trade with specific countries or the exchange of specific products.
  3. Quotas - Limits set on the quantity of a particular good that can be imported or exported during a given time period.

"Advantages" and "comparatives" are not examples of trade barriers.

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