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Barriers To Trade

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This document discusses various barriers to international trade that countries implement. It outlines reasons for trade barriers like protecting local industries and jobs. It then describes different types of price-based barriers such as tariffs like ad valorem and quotas. It also covers non-tariff barriers involving rules, regulations, and requirements around quotas, buying locally, technical standards, and countertrade.

Business
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Barriers to Trade Why do countries produce goods and services that could be more cheaply purchased from other countries?
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Commonly used barriers ,[object Object],[object Object],[object Object],[object Object],[object Object]
Tariffs ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Non – tariff barriers- rules , regulations and bureaucratic ,[object Object],[object Object],[object Object],[object Object],[object Object]

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  • 1. Barriers to Trade Why do countries produce goods and services that could be more cheaply purchased from other countries?
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