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Disadvantages of Restriction of International Trade — Commerce Keypoint

Disadvantages of Restriction of International Trade

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  1. It may lead to low standard of living.
  2. It may equally lead to shortage Supply of varied goods
  3. Causes rise in the price of goods.
  4. It makes mass production impossible.
  5. It hampers specialization
Others are Viewing:
  1. Advantages/Reasons for Restriction of international Trade
  2. FREE TRADE AND RESTRICTION
  3. Disadvantages of International Trade
  4. TYPES OF INTERNATIONAL TRADE
  5. REASONS FOR INTERNATIONAL TRADE
  6. BARRIERS TO INTERNATIONAL TRADE
  7. ADVANTAGES OF INTERNATIONAL TRADE

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