Explain Three Types of Trade Barriers

question 4

Essay

Explain three types of trade barriers.

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Definitions:

Ingratiation

A psychological technique aimed at making oneself more attractive or appealing to others, often through flattery or attempts to please.

Pressure

The use of persuasion, influence, or intimidation to make someone do something, or the feeling of stress or urgency caused by the expectation of achieving a particular outcome.

Compliance

Adherence to laws, regulations, guidelines, and specifications relevant to its business processes.

Routine Requests

Standard or common inquiries or petitions that follow a predictable pattern.