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Explain Three Types of Trade Barriers

question 4

Essay

Explain three types of trade barriers.


Definitions:

Reward Power

The ability to influence others by controlling access to desired resources or rewards.

Incentives

External or internal rewards designed to encourage specific actions or behaviors.

Referent Power

A form of influence based on the leader's personal characteristics, where followers identify with and want to emulate them.

Reward Power

The influence and control one has over others based on the ability to grant rewards or benefits.

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