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How tax on imports is an example of trade barrier. Why it is called a barrier?

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Class 10th Important Question

CBSE 2022-2023

NCERT Social Science

Class 10th Economics CH: 4

CH:4 Social Science, Economics

Important Question for Board class 10th SST CH:4

Important Very Short Answer

Important Question Class 10th SSt Globalisation and the Indian Economy

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1 Answer

  1. Tax on imports is an example of trade barrier. It is called a barrier because some restriction has been set up. Governments can use trade barriers to increase or decrease (regulate) foreign trade and to decide what kinds of goods and how much of each, should come into the country.

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