GK
INDIAN ECONOMY
|
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
|
Which steps are treated as trade barriers-
|
|
Decrease in foreign trade
|
|
|
Decision regarding what kind of goods imported
|
|
|
decision regarding How much of goods imported
|
|
|
All of these
|
Explanation:
Detailed explanation-1: -The most common barrier to trade is a tariff–a tax on imports. Tariffs raise the price of imported goods relative to domestic goods (good produced at home). Another common barrier to trade is a government subsidy to a particular domestic industry. Subsidies make those goods cheaper to produce than in foreign markets.
Detailed explanation-2: -The Correct Answer is Option 3 i.e Export Security.
Detailed explanation-3: -A. Tax on Imports. B. Custom Duty. C. Transit Permit. D. All of the above. The correct Answer is D.
There is 1 question to complete.