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1. Imposing indirect taxes for imported goods. This makes imported goods more expensive compared to locally produced goods. People are then encouraged to spend less on imports.
-Ad valor em tax - a certain percentage of the good's price
-Specific tax - a certain amount of a unit.
2. Imposing quotas. Only a certain volume of imports are allowed into the country.
3. Voluntary export restraints. This is to maintain diplomatic relationships between countries. A country might decide to export less to Another Country to avoid unnecessary trade restrictions BY the other country.
4. Export subsidies. A government might subsidies the cost of exporting to encourage a higher volume of exports. This increases the export earnings and net exports also increases.
5. Strict technical, administrative & other regulations. Imports are subjected to stringent rules and regulations to discourage them from importing more. Example, high level of red tape.
Nathen Renner
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How can staring at someone become a barrier to communication
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