2.7-I LIKHANG EDITORIAL CARTOON-PERF.TASK
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- HI MY NAME IS STEPHEN TODAY I AM GOING TO TELL YOU ABOUT WHAT, WHY, HOW ABOUT THE TRADE BARRIERS
- WHAT are TRADE BARRIERS in Philipines The Philipines is a signatory to the World Trade Organization (WTO) and has lifted quantitative restrictions on imports of all food products, including rice most recently. Tariff-Rate Quotas (TRQs) still remain on a number of sensitive products such as corn, poultry meat, pork, sugar, and coffee. WHY did the TRADE BARRIERS in the philippines happen the most common barrier to trade is a tariff–a tax on imports. Tariffs raise the price of imported goods relative to domestic goods (good produced at home). Another common barrier to trade is a government subsidy to a particular domestic industry. Subsidies make those goods cheaper to produce than in foreign markets.
- Now since we are near to the end this project is created by using StoryboerdThat HOW to eliminate the TRADE BARRIERS in the philipines Regional agreements are one way to reduce these trade barriers. Other measures such as the reduction of non-tariff barriers, and rationalization and harmonization of regulations, also aim to facilitate trade.
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