trade barrier

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trade barrier

Landed cost

the total cost of goods that have been shipped into that location. the landed cost includes the original price of the product the taxes handling etc. for examole

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Embargoes

it is a rule of the government that merchant ships are prohibited to go in or out of thier ports. the Magna Carta is one of the first and world's most famous embargoes.

standards

it is a level of quality and the achievements which are acceptable. also the requirement of qualities.

TARRIFS

They are used to restrict trade, and the price of imported goods are increased. which makes them more expensive for consumers. for example, company XYZ they produce cheese in scotland and then they export it. in the united states, its costs $100 per pound.

Excise taxes

they are taxes paid when purchases are made on specific goods.they are mostly used in the price of the product. for example gasoline.

Currency fluctuations

a currency has value and those value frequently change. for example if demand for a currency is very high because the investors want to but exports the, so the price of the currency will increase.

subsidies

this is a sum of money that is given by the government to relive some kind of burden and is usually given to those who need it . this is in the best interest of the public. for example if a farmer is struggling in his business in a higher industry with low prices the government with give him subsidy so they can achieve financial gain.

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