Question

If the removal of trade barriers is so beneficial to international economic growth, why would a nation continue to restrict trade on some imported or exported products?

Short answer

Through removal of trade barriers is important for economic growth but on the other hand trade barriers is also important for the protection of local industries.

Step-by-step solution

Step 1. Meaning of trade barriers.

Various trade barriers include tariffs and services. Trade barriers act as a protectionism tool. When government imposes trade control on the importation and exportation of goods and services.

Step 2.  Reason why would a nation continue to restrict trade on some imported or exported products .

a) Tariffs are placed on imported goods as a way of protecting sensitive industries, for humanitarian reasons and for protection against dumping.

b) A nation might restrict trade on imported products to protect an industry that is important for national security.