How have trade barriers harmed East Asian economies?
They have made countries dependent on imports.
They have made countries dependent on imports.
They have limited growth by barring specialization.
They have limited growth by barring specialization.
They have discouraged education and training of the workforce.
They have discouraged education and training of the workforce.
They limit government investments in industry and farming.
They have hindered innovation and technological advancement by restricting access to new technologies and markets.
They have increased production costs for manufacturers, making their products less competitive in the global market.
They have created inefficiencies and increased costs for businesses due to bureaucracy and delays in trade processes.
Overall, trade barriers have hindered the ability of East Asian economies to expand and fully utilize their resources and potential in the global economy.