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...Barriers such as countervailing duties, taxes, environmental, health and safety certification requirements, duties, anti dumping measures, laws, quotas, customs, and licensees are the main hurdles in the way of international trade. Generally, these trade barriers were necessary for countries to protect domestic producers from foreign competition. But, in modern years, international organisations such as WTO were introduced several measures for improving free trade, and as a result the role played by tariffs in international trade has been declined. World Trade... ?International Trade Introduction International trade is a trade between two or more than two countries located anywhere on the globe, where as ...