abhishreshthaa
Abhijeet S
NON TARIFF BARRIERS
MEANING
Along with different types of tariffs, there are some quantitative restrictions which can be imposed in order to restrict imports from abroad. Such restrictions are called non tariff barriers.
Non tariff barrier include different rules, regulations and restrictions imposed by the government on imports. Such barriers have become common in the post World War II period, especially among developed countries to regulate their imports of labour-intensive products from developed countries.
Non tariff barrier are normally useful for reducing the total quantity which can be imported from abroad. A quota represents a ceiling on the physical volume of imports of a commodity. All such quantitative restrictions are also called invisible tariffs or non- tariff trade barriers.
Any measure introduced for restricting free flow of goods among the countries of the world can be treated as non-tariff barrier. The objectives behind introducing tariff and non tariff trade barriers are more or less identical. Such barriers restrict the quantity of goods imported. The balance growth of world trade is adversely affected due to non-tariff barriers. They also raise the prices just as tariff does.
MEANING
Along with different types of tariffs, there are some quantitative restrictions which can be imposed in order to restrict imports from abroad. Such restrictions are called non tariff barriers.
Non tariff barrier include different rules, regulations and restrictions imposed by the government on imports. Such barriers have become common in the post World War II period, especially among developed countries to regulate their imports of labour-intensive products from developed countries.
Non tariff barrier are normally useful for reducing the total quantity which can be imported from abroad. A quota represents a ceiling on the physical volume of imports of a commodity. All such quantitative restrictions are also called invisible tariffs or non- tariff trade barriers.
Any measure introduced for restricting free flow of goods among the countries of the world can be treated as non-tariff barrier. The objectives behind introducing tariff and non tariff trade barriers are more or less identical. Such barriers restrict the quantity of goods imported. The balance growth of world trade is adversely affected due to non-tariff barriers. They also raise the prices just as tariff does.