The option that does not promote greater international trade is higher tax and tariff levels. Higher taxes and tariffs on imports can serve as a barrier to trade, making it more expensive and less attractive for countries to engage in trade with one another. In contrast, the other listed options (reduction of trade barriers, development of infrastructure, and improvements in communication) typically facilitate and promote international trade.
Which of the following does not promote greater international trade?
Responses
reduction of trade barriers
reduction of trade barriers
higher tax and tariff levels
higher tax and tariff levels
the development of infrastructure
the development of infrastructure
improvements in communication
1 answer