Which of the following is an example of a natural trade barrier?
A) price
B) exchange controls
C) product characteristic
D) distance

Name: Which of the following is an example of a natural trade barrier? A) price B) exchange controls C) product characteristic D) distance
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Question

Quizplus · Accepted Answer

Distance is a natural trade barrier because it increases transportation costs and time, making it more difficult and expensive to trade goods between countries.

Which of the Following Is an Example of a Natural