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