A barrier to trade is a government-imposed restraint on the flow of international goods or services. Tax on imports is a trade barrier because it is a restriction set by the government to regulate foreign trade and what kind of goods is traded. Explanation: Government can decrease imports by increasing tax and increase imports by reducing the tax on any good.

Trade barriers are the restrictions imposed on trade i.e. import or export. Tax or import duty is the example of trade barrier. A barrier to trade is a government-imposed restraint on the flow of international goods or services. Tax on imports is a trade barrier because it is a restriction set by the government to regulate foreign trade and what kind of goods is traded. Explanation: Government can decrease imports by increasing tax and increase imports by reducing the tax on any good. CBSE Class 10th Social Science Board Exam 2020 is scheduled for 18th March. All the students are in the last stage of their preparation. We have compiled a list of Chapter-wise important Questions A barrier to trade is a government imposed restraint on the flow of international goods or services. The most common barrier to trade is a tariff—a tax on imports. Tariffs raise the price of imported goods relative to domestic goods (goods produced at home). We hope the given MCQ Questions for Class 10 Social Science Globalisation and the Indian Economy with Answers will help you. If you have any query regarding CBSE Class 10 Social Science Economics Chapter 4 Globalisation and the Indian Economy Multiple Choice Questions with Answers, drop a comment below and we will get back to you at the earliest. Tax on imports is an example of a trade barrier because it increases the price of imported • commodities. The government can use a trade barrier like ‘tax’ to increase or decrease (regulate) foreign trade and to decide what kind of goods and how much of what should come into the country.

b. Government should use trade barriers if required. c. Government should negotiate at the WTO for fairer rules. 14. ‘Barriers on foreign trade and foreign investment were removed to a large extent in India since 1991.’ Justify the statement. (CBSE 2016) or Why have the barriers on foreign trade and foreign

A barrier to trade is a government imposed restraint on the flow of international goods or services. The most common barrier to trade is a tariff—a tax on imports. Tariffs raise the price of imported goods relative to domestic goods (goods produced at home). We hope the given MCQ Questions for Class 10 Social Science Globalisation and the Indian Economy with Answers will help you. If you have any query regarding CBSE Class 10 Social Science Economics Chapter 4 Globalisation and the Indian Economy Multiple Choice Questions with Answers, drop a comment below and we will get back to you at the earliest. Tax on imports is an example of a trade barrier because it increases the price of imported • commodities. The government can use a trade barrier like ‘tax’ to increase or decrease (regulate) foreign trade and to decide what kind of goods and how much of what should come into the country. A barrier to trade is a government imposed restraint on the flow of international goods or services. The most common barrier to trade is a tariff—a tax on imports. Tariffs raise the price of imported goods relative to domestic goods (goods produced at home). Trade barriers are restrictions imposed on foreign trade to control and regulate the trade in some or all commodities. It does not ensure free trading of commodities. The government may setup trade barriers to reduce the trade in some foreign commodities in the domestic market. CBSE Class 10 Maths Question Paper 2019; CBSE Previous Year

We hope the given MCQ Questions for Class 10 Social Science Globalisation and the Indian Economy with Answers will help you. If you have any query regarding CBSE Class 10 Social Science Economics Chapter 4 Globalisation and the Indian Economy Multiple Choice Questions with Answers, drop a comment below and we will get back to you at the earliest.

A barrier to trade is a government imposed restraint on the flow of international goods or services. The most common barrier to trade is a tariff—a tax on imports. Tariffs raise the price of imported goods relative to domestic goods (goods produced at home).

Tax on imports is a trade barrier because it is a restriction set by the government to regulate foreign trade and what kind of goods is traded. Explanation: Government can decrease imports by increasing tax and increase imports by reducing the tax on any good.

Trade barriers are restrictions imposed on foreign trade to control and regulate the trade in some or all commodities. It does not ensure free trading of commodities. The government may setup trade barriers to reduce the trade in some foreign commodities in the domestic market. CBSE Class 10 Maths Question Paper 2019; CBSE Previous Year Trade barriers are government-imposed restraints on trade with other nations. Trade barriers make international trade more difficult and expensive. They are typically implemented to protect domestic producers. Trade barriers take the form of either tariffs or non-tariff barriers to trade. Tax on imports is a trade barrier because it is a restriction set by the government to regulate foreign trade and what kind of goods is traded. Explanation: Government can decrease imports by increasing tax and increase imports by reducing the tax on any good. An important barrier to foreign trade is a tax on imports. Explanation: Government uses tax to regulate foreign trade so a high tax on imports can mean lesser imports. So this can be a trade barrier. NCERT Solutions for Class 10th Social Economics Chapter 4 Globalisation and the Indian Economy. Which one of the following is an example of trade barrier? [CBSE (CCE) 2012] (a) Tax on Exports (b) Tax on Imports (c) Free Trade (d) Restriction on Export. 11. b. Government should use trade barriers if required. c. Government should negotiate at the WTO for fairer rules. 14. ‘Barriers on foreign trade and foreign investment were removed to a large extent in India since 1991.’ Justify the statement. (CBSE 2016) or Why have the barriers on foreign trade and foreign

b. Government should use trade barriers if required. c. Government should negotiate at the WTO for fairer rules. 14. ‘Barriers on foreign trade and foreign investment were removed to a large extent in India since 1991.’ Justify the statement. (CBSE 2016) or Why have the barriers on foreign trade and foreign

An important barrier to foreign trade is a tax on imports. Explanation: Government uses tax to regulate foreign trade so a high tax on imports can mean lesser imports. So this can be a trade barrier. NCERT Solutions for Class 10th Social Economics Chapter 4 Globalisation and the Indian Economy. Which one of the following is an example of trade barrier? [CBSE (CCE) 2012] (a) Tax on Exports (b) Tax on Imports (c) Free Trade (d) Restriction on Export. 11. b. Government should use trade barriers if required. c. Government should negotiate at the WTO for fairer rules. 14. ‘Barriers on foreign trade and foreign investment were removed to a large extent in India since 1991.’ Justify the statement. (CBSE 2016) or Why have the barriers on foreign trade and foreign

A barrier to trade is a government imposed restraint on the flow of international goods or services. The most common barrier to trade is a tariff—a tax on imports. Tariffs raise the price of imported goods relative to domestic goods (goods produced at home). We hope the given MCQ Questions for Class 10 Social Science Globalisation and the Indian Economy with Answers will help you. If you have any query regarding CBSE Class 10 Social Science Economics Chapter 4 Globalisation and the Indian Economy Multiple Choice Questions with Answers, drop a comment below and we will get back to you at the earliest.