In the context of international trade, countries with the highest trade barriers often have the least competition.

Name: In the context of international trade, countries with the highest trade barriers often have the least competition.
Brand: Quizplus
Rating: 4.9 (32 reviews)

Question

Quizplus · Accepted Answer

Trade barriers, such as tariffs and quotas, limit the amount of foreign goods that can enter a country, which reduces competition for domestic producers. Therefore, countries with high trade barriers tend to have less competition from foreign firms.

In the Context of International Trade, Countries with the Highest