Question

I am composing a 5-page research paper on Adverse effects of trade barriers on the US Economy, and need a few ideas as to the main points I can discuss. Any suggestions to begin some brainstorming would be very helpful. Thank you very much

Answer 1

Trade is an exchange of services and goods for other services and goods or for money, trade. Here, we are discussing about the effects of trade barriers on international trade i.e. to identify one or more variables ( like inflation, transportation cost, tariff, remittances, population, GDP deflator and exchange rate) thses are the factors that effect international trade the most. In general Trade barriers describes any government policy or regulation that restricts international trade. Trade barriers are "deterimental" to both consumers and workers. Economists generaly believe that tariffs or other trade barriers are detrimental to consumers as they increase the prices of goods consumed domestically.