Overview

In this module we will look at some of the barriers that are created by governments to control international trade. There has been a great deal of debate about "barriers" to international trade and specifically tariffs.

LEARNING OUTCOMES

After you complete the required assignments you will be able to:

  • Differentiate among tariffs, subsidies and quotas
  • Explain the advantages and disadvantages of Free Trade
  • Illustrate the development of the World Trading System


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