What are the advantages and disadvantages of having trade barriers
2.Another advantage of trade barriers is that they can help protect the development of new industries against foreign competitors. 3. The most frequently cited advantage of trade barriers is that they help to promote domestic employment by keeping companies transferring domestic jobs abroad. Disadvantages of trade barriers; 1. Economic integration has both advantages and disadvantages. Some of the disadvantages are trade barriers and the degree of control that member countries will be forced to relinquish.