Trade and Barriers to Trade

Unfair work

More jobs

Better products

Faster supply chains

A country growing all its own food

A company using parts from many countries to make one product

A business selling only to local customers

A government banning imported goods

More jobs and better products

Faster communication and transport

Pollution and unfair working conditions

Cheaper goods and more trade

Different rules in each country

Language and culture differences

Lower production costs

Transport and delays

To increase exports

To limit the amount of imports

To lower prices for consumers

To encourage free trade

Tariffs

Quotas

Subsidies

Free Trade Agreements

To limit how much of a product can be imported

To increase exports

To lower the price of imported goods

To encourage foreign investment

Increased local business profits

Job losses in some industries

Poor working conditions in some countries

Harm to the environment

A new smartphone release

A local sports event

A war or pandemic

A fashion show