How do trade barriers affect international trade, Macroeconomics

Trade barriers come in a lot of forms. Quota is one. This is when a country sets a limit to the imported products. This is completed for a number of reasons. One is due to the government of the importing country wants to protect the local manufacturers.


In this way, trade barriers can affect the international trade due to it does not promote free trade. When countries trade with every other they do not want to have trade barriers due to it can result in an unfair trade where country A may export goods to country B but country B cannot do vice versa because country A sets up trade barriers such that it makes it very complex for country B to export.

 

Posted Date: 4/1/2013 4:08:07 AM | Location : United States







Related Discussions:- How do trade barriers affect international trade, Assignment Help, Ask Question on How do trade barriers affect international trade, Get Answer, Expert's Help, How do trade barriers affect international trade Discussions

Write discussion on How do trade barriers affect international trade
Your posts are moderated
Related Questions
Joe has preferences over pizza (p) and beer (b) given by U = pb. The marginal utilities are MU p = b and MU b = p, and Joe's income is I = 60. 1. Find Joe's optimal consumptio

How have you responded to increases in the price of gasoline over the past few years? How would you respond if the price of gasoline doubled over the next two years? What alternati

Write a 4-5 page paper, double-spaced, Arial 12pt font, 1 inch margins all around (top, bottom, left, and right) that addresses the following news event summarized below In a to

constructing a opportunity set and budget line for $15 lottery ticket and intending on buying a candy bar for $0.75 and peanut bag for $1.50

Expenditure method is also called Flow-of-Expenditure method, consumption and investment method, income Disposal method, etc. Expenditure method measures the final expenditure

What are the general principles about marginal and average total cost curves? General principles which are always true concerning a firm’s marginal and average total cost curve

The Concept of Growth and Growth Rate is explained below: Economic growth is rise in an economy’s level of the production of commodities, output or income. We can talk about th

i have assignment due within less than 24 hours if i submit assignment can i get it back before 24 hours?

Note and explain the identification problem associated with the following statement. "During Bill Clinton's presidency the US economy saw unusually strong economic growth; thus, Mr

Suppose that several months of data showed the CPI increasing at a 4.5% annual rate due largely to increases in the price of energy and food related commodities following several y