Question

Give an example of a trade barrier, and explain whether you think they're good or bad.

Answer 1

I believe an example of a trade barrier would be Tariff Barriers, this means a tax on imported goods. It can truly help a country based on the advantages this holds. One of the benefits of using one can be, increased National Revenue for the government. Tariffs on imports coming into the United States, for example, are collected by Customs and Border Protection. Mostly, the country that the goods are being delivered to is receiving the benefits. Often, goods from abroad are cheaper because they offer decreased capital or labor costs.

Answer 2

A trade barrier is a Tarriff, embargo, or qoutas, the are usually best for the country that enforces the barrier on the other country. embargos are all bad. tarriffs are good cause they create jobs and quotas are good because they also create jobs and keep those domestic made goods in the country. :)

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