Which of the following is an example of a natural trade barrier?
A)Distance
B)Price
C)Product characteristic
D)Exchange controls
E)Custom regulations

Name: Which of the following is an example of a natural trade barrier? A)Distance B)Price C)Product characteristic D)Exchange controls E)Custom regulations
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Question

Quizplus · Accepted Answer

Distance acts as a natural barrier to trade because it increases transportation costs and time, making it more difficult and expensive to trade goods over long distances.

Which of the Following Is an Example of a Natural