Due to the climate, shipping cargo on the St. Lawrence Seaway is impossible between November and April. What kind of trade barrier is this considered? (1 point) Responses man-made man-made natural
This trade barrier is considered a natural barrier.
The trade barrier described, which is caused by climate conditions, is considered a natural barrier.
The restriction on shipping cargo on the St. Lawrence Seaway between November and April due to the climate is considered a natural trade barrier.
To understand the nature of trade barriers, it is important to define what they are. Trade barriers are obstacles or restrictions that countries impose on imported goods and services, with the aim of protecting domestic industries and markets. These barriers can be either man-made or natural.
In this case, the restriction is due to the natural conditions of the St. Lawrence Seaway's climate during the winter months. The seaway experiences freezing temperatures and ice buildup, making it unsafe for shipping activities. This natural condition hinders the transportation of cargo during that period, creating a natural trade barrier.
It is worth noting that man-made trade barriers, on the other hand, are deliberate measures imposed by governments, such as tariffs, quotas, or subsidies, to protect domestic industries or regulate imports. These barriers are primarily implemented for economic or political reasons rather than being a consequence of natural conditions.