Moreover, it could become a kind of technical barrier to trade, especially for developing countries, in some cases even impeding exports from developing countries.
Also, the west coast port strike has had a dampening effect on the economy -- preventing goods from reaching retailers, impeding exports and fostering uncertainty about labor market stability.
In the Apartheid period, trade protection seriously impeded both exports and imports, and the economy depended on favorable global commodity price trends to avoid running into an external constraint.
Western sanctions that take effect this summer will significantly impede the export of Iranian crude.
For years, Iranian production has been hobbled by sanctions imposed by Washington and the European Union (E.U ., impeding both export transactions and the acquisition of advanced Western drilling technology.
In the weeks leading up to Friday's election, the Obama administration, to their credit, dispatched a team of Treasury and State Department officials to ensure that sanctions won't impede the export of medical supplies to Iran.
Furthermore, the recent and likely additional rises in U.S. interest rates will force up Mexican rates and impede exports by curbing American growth.
Japan doesn't want a strong currency to impede its exports, and it keeps the yen value down by printing yen at a furious rate and using this currency to buy dollars--192 billion of them last year and 140 billion this year so far.
Japan doesn't want a strong currency to impede its exports, and it keeps the yen value down by printing yen at a furious rate and using this currency to buy dollars 192 billion of them last year and 140 billion this year so far.
American exporters and workers can be shut out of global supply chains by foreign governments that use trade barriers to impede U.S. exports.
