trade barrier
Quota or tariff
A trade barrier is any government policy that restricts international commerce—tariffs, quotas, regulations, or licensing requirements that make importing or exporting goods more difficult or expensive.
Countries impose trade barriers to protect domestic industries from foreign competition, though critics argue they raise consumer prices and invite retaliation: The new tariffs erected trade barriers that disrupted supply chains.
- tariffTax on traded goods
- protectionismShielding local producers
- embargoOfficial prohibition on trade
- autarkyComplete economic independence
- quotaFixed assigned amount
customs duty · retaliatory tariffs · subsidy · mercantilism · level playing field · duty · import duty · retaliation · restriction · inspection · wall · export · checkpoint · border · smuggling · treaty · contraband · commerce
- global tradeexport tax, exports, import tax, imports, export
- tradecustoms, commerce, export, exports, quotas
- economic policymonetary policy, tax policy, fiscal discipline, fiscal stimulus, fiscal restraint
- economic controlstariff, quota, sanction, embargo, import ban
- legal restrictionsban, prohibition, restriction, restraining order, court order
- trade policytariff, quotas, protectionism, sanctions, tariffs
trade barrierfree trade
Unrestricted international exchange
free market · open market · free trade agreement · open borders · market opening
trade, barrier, trader, trading, traded, trades, traders, fair trade, tradable