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Elaine Cordova
Business
16 April, 07:41
Restraint of trade involves interfering with free
competition.
O
True
O False
+1
Answers (
1
)
Damien
16 April, 08:10
0
True
Explanation:
Restraint of trade is a concept that refers to interference of free market through laws and contractual means.
This is done in the form of building transnational costs, taxes, tariffs and customs fees. States interfere with free trade in order to maintain their economy and the competition in it. With free trade, comes advantages and disadvantages. Government needs to interfere to regulate their economies and its borders.
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