Study Notes
Trade Barriers
- Level:
- A-Level
- Board:
- AQA, Edexcel, OCR, IB
Last updated 22 Mar 2021
Trade barriers include all costs of getting a good to the final consumer other than the cost of supplying the good
Transportation costs
- Freight costs
- Time costs
- Customs Delays
Policy barriers
- Import Tariffs
- Non-tariff barriers
Internal trade and transaction costs
- Information costs
- Contract enforcement costs
- Red tape
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