trade barrier
noun
any regulation or policy that restricts international trade, especially tariffs, quotas, etc.
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Nearby words
- trade,
- trade acceptance,
- trade agreement,
- trade association,
- trade balance,
- trade barriers,
- trade bill,
- trade book,
- trade council,
- trade cycle
Dictionary.com Unabridged
Based on the Random House Unabridged Dictionary, © Random House, Inc. 2019
trade barriers
Tariffs, import quotas, customs regulations, and other disincentives meant to discourage international trade.
Note
Trade barriers are usually protectionist; that is, they are erected to protect domestic producers who would not be able to compete successfully with foreign producers in a free market or in free trade.
The New Dictionary of Cultural Literacy, Third Edition
Copyright © 2005 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.