May
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Know about Active Tariffs and Non-Tariff Barriers in International Trading Goods in 2023
International trade has been an essential driver of economic growth for many countries around the world. However, various barriers hinder the smooth flow of goods across borders. Tariffs and non-tariff barriers (NTBs) are the most common forms of such barriers. The state of active tariffs and non-tariff barriers in the international trade of goods in 2023 : Active Tariffs A tariff is a tax imposed by a government on imported goods. Its primary purpose is to protect domestic industries and Read Full Details…