trade barrier
Definition
Government imposed restriction on the free international exchange of goods or services. Trade barriers are generally classified as (1) import policies reflected in tariffs and other import charges, quotas, import licensing, customs practices, (2) standards, testing, labeling, and various types of certification, (3) direct procurement by government, (4) subsidies for local exporters, (5) lack of copyright protection, (6) restrictions on franchising, licensing, technology transfer, (7) restrictions on foreign direct investment, etc.
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trade barrier is in the Economics, Politics, & Society and International Trade & Relations subjects.
trade barrier appears in the definitions of the following terms: agreement on import licensing, reciprocity, open economy, laissez-faire economics and customs union
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