What is a hidden barrier???

Question

It has something to do with trade but other than that I have no clue...

Answer 1

Some types of trade barriers:-

Tariff (customs duty) — a tax on imported goods or services.

Tariffs usually make imported goods or services more expensive than the local version.

Subsidy — a benefit to local producers and export firms,

for example, money to help lower costs, tax benefits and

exemptions.

Quota — a limit on the quantity of a good that can be imported for a specific period.

Embargo — a complete ban on the import of a product for

economic, political, religious, security or quarantine reasons.

Hidden barriers — quality, labelling, safety and packaging

requirements can make it difficult to sell products overseas and add to final costs...