SSC
INDIAN ECONOMY
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Which steps are treated as trade barriers-
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Decrease in foreign trade
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Decision regarding what kind of goods imported
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decision regarding How much of goods imported
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All of these
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Explanation:
Detailed explanation-1: -Trade barriers are tariffs, quotas, and embargos.
Detailed explanation-2: -Tariff Barriers. These are taxes on certain imports. Non-Tariff Barriers. These involve rules and regulations which make trade more difficult. Quotas. A limit placed on the number of imports. Voluntary Export Restraint (VER). Subsidies. Embargo. 12-Nov-2019
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