The pros and cons of trade barriers both from the perspective of buyers and sellers. Introduction: A trade barrier is a restriction imposed by the government on the flow of products or services internationally. The opinions of economists on the subject of international trade tend to differ from those of the general public. However, according to all, trade barriers both from buyers and sellers side have pros and cons.

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Chapter 1.3, Problem 5P

Summary Introduction

To determine:

The pros and cons of trade barriers both from the perspective of buyers and sellers.

Introduction:

A trade barrier is a restriction imposed by the government on the flow of products or services internationally. The opinions of economists on the subject of international trade tend to differ from those of the general public. However, according to all, trade barriers both from buyers and sellers side have pros and cons.

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