Select and evaluate a specific tariff or non-tariff trade barrier. Explain the impact of the tariff or non-tariff trade barrier on the global trading system. Then identify a country that is currently impacted by the specific tariff or non-tariff trade barrier. How is the country impacted by the barrier? As always, please provide references to support your efforts.© BrainMass Inc. brainmass.com December 15, 2020, 11:25 pm ad1c9bdddf
Import duties are the tariff trade barrier selected for this assignment. A country often levies import duties on products imported from other countries in order to protect the local businesses or industries. As a result, consumers are unable to buy high ...
The solution discusses the implications of import tariff.