Unit 5 - lesson 9 - trade barriers

• International business
• MBO
• Studiejaar 1

Welcome to lesson 9 of unit 5: 

We will be learning about;

* Free trade versus trade barriers

* trade barriers

What is goods and services produced in one country and sold to other countries?

1. Imports
2. Free trade
3. Globalization
4. Export

To which of these Enlightened thinkers does this idea belong?

" the economy works best if there is Free Trade."

1. Voltaire
2. John Locke
3. Montesquieu
4. Adam Smith

True or false:
Trade barriers are government-imposed restraints on trade with other nations.

1. True
2. False

which two words are missing?
Trade barriers make international trade more ..... and ........

1. exciting and truthful
2. helpful and easy
3. difficult and expensive
4. annoying and helpful

Why are trade barriers usually implemented?

Please look at the  6 barriers to trade

* Trade restrictions

* Operating risks

* Legal and regulatory systems

* financial requirements

* Exchange rate volatility

* Economic Sanctions