Melanie's country has recently gone through a change in governance. The new government has enacted policies to reduce barriers to
International trade, which will boost its economy. What type of trade policies has Melanie's country adopted?
Melanie's country has adopted
policies by reducing international trade barriers.

Question

24-10-2021
Business

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Melanie's country has recently gone through a change in governance. The new government has enacted policies to reduce barriers to
International trade, which will boost its economy. What type of trade policies has Melanie's country adopted?
Melanie's country has adopted
policies by reducing international trade barriers.

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Tundexi Tundexi · Answer 1 · 2022-03-28T13:04:16+02:00

A trade barriers reducing policy is the policies that the Melanie's country has adopted to reduce international trade barriers.

What are trade barriers?

A trade barrier refers to a natural barrier or imposed restraint by government on the flow of international goods or services.

Some examples of trade barrier includes import quotas, embargoes, buy-national regulations, distance, language etc.

In conclusion, a trade barriers reducing policy is the policies that the Melanie's country has adopted to reduce international trade barriers.