The barriers take many forms which include import and export licenses , import quotas and subsidies , tariffs and non tariff barriers as well as embargoes (Michael Stephen , 2008Background of tariffs and trade barriersThe concept of tariffs and trade barriers has been in existence since prehistoric quantify all over the world . However , it s effects came to be strongly felt during the and after the industrial revolution when international businesses control started being dictated by the market forces of want and supply (Marshall , 2003 . With strong social-economic and political impacts to the regions they are constituted in , countries join to form blocks that guide their trade policies . Example , we have North America Free Trade Agreement , European Union and Central America Free...If you want to get a full essay, order it on our website: Ordercustompaper.com
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