tariffs and trade barriers
Tariffs are taxes or customs duties imposed on imported or exported goods by a government, increasing their price and making them less competitive in the domestic market. Trade barriers represent various policies, regulations, or practices implemented to restrict or limit international trade, hindering the flow of goods and services between countries.
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Related Concepts (2)
Similar Concepts
- import tariffs
- non-tariff barriers
- non-tariff barriers to trade
- revenue tariffs
- specific tariffs
- tariff and non-tariff barriers within regional economic blocs
- tariff barriers
- tariff rate quotas
- tariffs
- tariffs and customs duties
- tariffs and trade taxes
- trade barriers
- trade restrictions
- trade restrictions and embargoes
- trade wars