trade barriers


Tariffs, import quotas, customs regulations, and other disincentives meant to discourage international trade.

QUIZZES

THIS PSAT VOCABULARY QUIZ IS PERFECT PRACTICE FOR THE REAL TEST

In our third teacher-created PSAT practice test there are new and unique vocabulary terms you may have never heard of! Can you guess what they mean?
Question 1 of 10
seclusion

notes for trade barriers

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.