free trade would make the world's economies more efficient by permitting firms to compete internationally.
GATT - The General Agreement on Tariffs and Trade
Trade Barriers
Trade Barriers
Globalization
GATT
free trade would make the world's economies more efficient by permitting firms to compete internationally.
GATT - The General Agreement on Tariffs and Trade
Quotas, Tariffs, VERs
Quotas, Tariffs, VERs
Trade Barriers
Trade Barriers
Globalization
GATT
why are quotas and tariffs called barriers
tariffs/
TARIFFS
Some governments place taxes called tariffs on imported goods to make those items more expensive. Another barrier to trade is a quota, which is a limit on the number of specific products that can be imported from a particular country.