trade barrier

Dictionary.com Unabridged Based on the Random House Unabridged Dictionary, © Random House, Inc. 2018

trade barriers in Culture

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.