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WAEC Commerce 2023 Objective — Question 18

Question 18 of 50 from the West African Examinations Council (WAEC) Commerce 2023 Objective paper, with the correct answer and a full explanation.

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One of the barriers to foreign trade is A. trade liberalization.

  • A. trade liberalization
  • B. removal of tariff
  • C. memorandum of understanding
  • D. imposition of embargoCorrect

Explanation

Embargo is a restriction which a government of a country place on an imported goods. Thus, it is a barrier in international trade.

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