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18 Αυγ 2024 · Trade restrictions, like government policies that limit trade between countries, are a complex issue with both potential advantages and disadvantages. While they’re often implemented to safeguard domestic industries, they can also have unintended consequences for consumers and the overall economy.
Many countries have substantial barriers to trade in services in areas such as transportation, communications, and, often, the financial sector, while others have policies that welcome foreign competition. Moreover, trade barriers affect some countries more than others.
23 Μαΐ 2018 · Trade restrictions limit the choices of what Americans can buy; they also drive up the prices of everything from clothing and groceries to the materials manufacturers use to make everyday products. Moreover, lower-income Americans generally bear a disproportionate share of these costs.
In the 1980s, Kenya's economy began to change from a price control regime with significant state intervention into a market economy. The Government recognized the need to introduce a competition law, and the Restrictive Trade Practices, Monopolies and Price Control Act came into force in 1989.
31 Μαΐ 2024 · Protectionism refers to government policies that restrict international trade to help domestic industries. Protectionist policies are usually implemented with the goal of improving economic...
6 Μαρ 2024 · The significant expansion of global trade over time suggests that there are recognized benefits of trade, but there are also risks. The latter have come into more focus in recent years—for example, during the COVID-19 pandemic—as have terms like “decoupling,” “reshoring” and “friendshoring.”
1 Οκτ 2018 · Addressing non-tariff barriers (NTBs) through trade agreements is increasingly important, as these can restrict how a company can operate. This is especially true for services. How we might...