What is a trade barrier?

[Petra Filiz]

trade barriers are stuffs that restricts trade:
1. quotas on imports or exports
2. tariff fees on exports or imports

Why put barriers to trade?
1. protect domestic infant industry
if you trade to get what you want, domestic industries suffer because you need to import expensive goods from abroad and domestic industry cannot compete
2. prices on imported goods are higher than prices of local goods

 

[folyy]

Hello,
Trade barriers are any of a number of government-placed restrictions on trade between nations. The most common sorts of trade barriers are things like subsidies, tariffs, quotas, duties, and embargoes. The term free trade refers to the theoretical removal of all trade barriers, allowing for completely free and unfettered trade. In practice, however, no nation fully embraces free trade, as all nations utilize some assortment of trade barriers for their own benefit.Tariffs are a fairly common form of trade barriers, and are essentially taxes on goods as they cross the borders of a nation. Tariffs nearly always are placed on goods that are brought into the country, as opposed to goods sold as exports, although in some cases they may go both ways. Historically, tariffs were a large source of government revenue, as they could easily be collected as a tax on ships as they landed in the nation.

thanks!!