Non Tariff Barriers
NON-TARIFF
BARRIERS
Kunj Baheti Roll no.: 6 Prof. Mrs. Amita Johnson M.com, M.K.S College University of Mumbai
INDEX
1. Introduction
2. Types of Non-tariff Barriers
3. Examples of Non-tariff Barriers
4. Impact of Non-tariff barrier on International trade
5. Non-tariff Barriers in India
6. Non-tariff Barriers Today
7. The Transition from Tariffs to Non-tariff barrier
8. Bibliography
9. References
NON-TARIFF BARRIERS
Non-tariff barriers to trade (NTBs) are trade barriers that restrict imports but are not in the usual form of a tariff. Some common examples of NTB 's are anti-dumping measures and countervailing duties, which, although they are called "non-tariff" barriers, have the effect of tariffs once they are enacted.
It is a form of restrictive trade where barriers to trade are set up and take a form other than a tariff. Non-tariff barriers include quotas, levies, embargoes, sanctions and other restrictions, and are frequently used by large and developed economies.
Some of non-tariff barriers are not directly related to foreign economic regulations, but nevertheless they have a significant impact on foreign-economic activity and foreign trade between countries.
Non-tariff barriers are another way for an economy to control the amount of trade that it conducts with another economy, either for selfish or altruistic purposes. Any barrier to trade will create an economic loss, as it does not allow markets to function properly. The lost revenues resulting from the barrier to trade can be called an economic loss.
Types of Non-tariff Barriers
There are several different variants of division of non-tariff barriers.
Some scholars divide between internal taxes, administrative barriers, health and sanitary regulations and government
BARRIERS
Kunj Baheti Roll no.: 6 Prof. Mrs. Amita Johnson M.com, M.K.S College University of Mumbai
INDEX
1. Introduction
2. Types of Non-tariff Barriers
3. Examples of Non-tariff Barriers
4. Impact of Non-tariff barrier on International trade
5. Non-tariff Barriers in India
6. Non-tariff Barriers Today
7. The Transition from Tariffs to Non-tariff barrier
8. Bibliography
9. References
NON-TARIFF BARRIERS
Non-tariff barriers to trade (NTBs) are trade barriers that restrict imports but are not in the usual form of a tariff. Some common examples of NTB 's are anti-dumping measures and countervailing duties, which, although they are called "non-tariff" barriers, have the effect of tariffs once they are enacted.
It is a form of restrictive trade where barriers to trade are set up and take a form other than a tariff. Non-tariff barriers include quotas, levies, embargoes, sanctions and other restrictions, and are frequently used by large and developed economies.
Some of non-tariff barriers are not directly related to foreign economic regulations, but nevertheless they have a significant impact on foreign-economic activity and foreign trade between countries.
Non-tariff barriers are another way for an economy to control the amount of trade that it conducts with another economy, either for selfish or altruistic purposes. Any barrier to trade will create an economic loss, as it does not allow markets to function properly. The lost revenues resulting from the barrier to trade can be called an economic loss.
Types of Non-tariff Barriers
There are several different variants of division of non-tariff barriers.
Some scholars divide between internal taxes, administrative barriers, health and sanitary regulations and government
References: • http://www.tradebarriers.org/ntb/non_tariff_barriers • http://www.investopedia.com/terms/n/nontariff-barrier.asp#axzz27kbuYY6Y • http://en.wikipedia.org/wiki/Non-tariff_barriers_to_trade • http://lerett.com/3.html • http://www.commerce.nic.in/trade/international_ntm.asp?id=4&trade=i • http://www.icrier.org/pdf/wp165.pdf • http://www.thedailystar.net/newDesign/news-details.php?nid=211361