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Definitions from WordNet

Definitions from the Web

Import Barrier

Definition:

An import barrier refers to any restriction or limitation imposed by a country on importing goods or services from other nations. It could be in the form of taxes, duties, quotas, regulations, or any other trade barrier.

Example Sentences:

Sense: Popular

1. The government implemented an import barrier on foreign cars to protect the domestic automobile industry.
2. High tariffs act as a significant import barrier, making it difficult for small businesses to compete internationally.
3. The import barrier on pharmaceutical products negatively affected the availability of affordable medicines in the country.

Sense: Local

1. The local government set up strict import barriers on agricultural products to support local farmers.
2. Local artisans faced difficulties in exporting their handmade crafts due to import barriers imposed by foreign countries.
3. The removal of certain import barriers revitalized the local economy, allowing for increased trade and foreign investments.

Related Products:

• Books on Import Barriers
• Tools for Managing Import Barriers
• Software for Analyzing Import Barriers