Trade Barriers Definition Example in Europe Illustration Economic

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Trade Barriers
Definition Example Illustration
in Europe
Physical
Trade
Barrier
Physical features
that get in the
way of doing
business
Oceans, seas,
Pyrenees Mtns,
Alps, borders
Economic Trade Barriers
Tariff
Quota
Embargo
Taxes or fees
placed on
imported goods
Restrictions on
the amount of a
good that can be
imported into a
country
Forbidden trade
with another
country
Products move
freely without
tariffs between
EU partners
Uses quotas on
clothing imports
and fishing
Used for safety
and political
reasons
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