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9 August, 03:48

How do trade barriers affect the African economy today

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  1. 9 August, 05:38
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    Trade barriers come in many forms. Quota is one. This is when a country sets a limit to the imported products. This is done for a number of reasons. One is because the government of the importing country wants to protect its domestic manufacturers. Other barriers or limitations are added costs such as tariffs, duties, and taxes.
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