Import Barriers Definition
There are several potential barriers that can make importing goods into a country more difficult and expensive. These import barriers can include tariffs, quotas, and trade restrictions.
Tariffs are taxes that are imposed on imported goods. They can make imported goods more expensive, which can discourage people from buying them. Quotas are limits on the amount of a particular good that can be imported into a country. Trade restrictions are government policies that limit or prohibit the import of certain goods.
All of these import barriers can make it more difficult and costly to import goods into a country. They can also make it more difficult for businesses to compete in global markets.
