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
Q. Define the Labor Market? A significant macroeconomic variable is the total amount of labor which is used in a certain time period. Amount of labor and amount of capital are

In a sample of 80 people who have had strokes, the average cholesterol level was 250 with a standard deviation of 70. In order to test the hypothesis (at the 5% level of significan

If a supply curve goes through the point P = $10 and Qs = 320, then a. $10 is the highest price that will induce firms to supply 320 units b. $10 is the lowest price that wil

From stock and watson 3rd edition introduction to econometrics Using the data set CollegeDistance described, run a regression of years of completed education (ED) on distance to t

Now we will analyse how macroeconomic variables fit together and present models which explain the main macroeconomic variables.  Using these models we can, for instance, analyse

1. # of sellers, # of buyers 2. entry and exit conditions 3. product characteristics 4. short run P&Q determinations and the resulting 3 possibilities for excess profit (graphs ar

Did Germany ever go back on the Gold Standard after World War I and prior to World War II? If so, what were the economic and political effects of doing so? I know it was on the Gol

Discuss about the Keynesian economists The Keynesian economist A. W. Phillips developed short-run Phillips curve analysis in the 1950s. Phillips had researched the relationshi

If the MPPL/ MPPK in the production of a good are less than w/r, why is the produce not in producer equilibrium? Explain how, with no change in budget size for the firm and with th

A monopoly has a total cost function of C(Q) = 8Q and faces a market demand Q = 100 ? 2p, (a) calculate the deadweight loss; (b) The firm now spent an amount equal to half of