Trade Barriers
Tariffs
Definition: Taxes set by countries on
imported goods at the border.
Subsidies
Definition: Direct or indirect payments from
the government to individual firms.
Landed cost
Definition: The total cost from the factory
to the buyer's front door.
Excise taxes
Definition: A type of tax on certain goods sold
in a country for certain activities.
Embargoes
Definition: A restriction on trade by a country
or organization.
Standards
Definition: A document that specifies the expected quality, information, and potential performance of a product.
Currency fluctuations
Definition: The changes in currency in relation to another