trade barrier


noun

any regulation or policy that restricts international trade, especially tariffs, quotas, etc.

Cultural definitions for trade barriers

trade barriers

Tariffs, import quotas, customs regulations, and other disincentives meant to discourage international trade.

notes for trade barriers

Trade barriers are usually protectionist; that is, they are erected to protect domestic producers who would not be able to compete successfully with foreign producers in a free market or in free trade.