trade barrier Synonyms

No Synonyms and anytonyms found

trade barrier Meaning

Wordnet

trade barrier (n)

any regulation or policy that restricts international trade

trade barrier Sentence Examples

1. The government imposed a trade barrier on imported steel to protect its domestic industry.
2. The high import tariffs created a substantial trade barrier for exporters from developing countries.
3. The European Union's trade barriers make it difficult for U.S. farmers to export their products.
4. The trade barrier led to a decline in foreign investment and decreased economic growth.
5. The new trade agreement aimed to reduce trade barriers between the two nations.
6. The trade barrier resulted in higher prices for consumers and a loss of revenue for businesses.
7. The World Trade Organization (WTO) works to lower trade barriers and promote free trade.
8. Protectionist policies often include trade barriers to shield domestic industries from foreign competition.
9. The trade barrier caused a surplus of goods in the domestic market, leading to lower prices and reduced profits.
10. Despite the potential benefits of trade liberalization, many countries maintain trade barriers to protect specific sectors of their economy.

FAQs About the word trade barrier

What is the meaning of the word trade barrier

any regulation or policy that restricts international trade

What are the synonyms of the word trade barrier

No synonyms found.

What are the antonyms of the word trade barrier

No antonyms found.

What is the usage of word trade barrier

The government imposed a trade barrier on imported steel to protect its domestic industry.

The high import tariffs created a substantial trade barrier for exporters from developing countries.

How to use the word trade barrier in a sentence?

The European Union's trade barriers make it difficult for U.S. farmers to export their products.

The trade barrier led to a decline in foreign investment and decreased economic growth.