Tariffs and non tariffs barriers in international trade
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This document discusses tariff and non-tariff barriers in international trade. It defines tariffs as customs duties or taxes on imported products. It lists various types of tariff barriers such as specific duties, ad valorem duties, and protective tariffs. Non-tariff barriers are any barriers other than tariffs that restrict free trade, such as quotas, product standards, labeling requirements, and foreign exchange regulations. The document notes that tariffs affect prices while non-tariff barriers affect quantities. It concludes by comparing tariffs and non-tariff barriers, noting things like tariffs generate government revenue while non-tariffs protect domestic industries.
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This document discusses trade barriers such as tariffs and quotas that countries impose on international trade. It defines different types of trade barriers including specific tariffs that charge a fixed fee per imported unit, ad valorem tariffs that charge a percentage of the good's value, transit duties charged on goods passing through a country, and export duties charged on exported goods. The objectives of trade barriers are to raise government revenue or protect domestic industries from foreign competition. Nations can either engage in free trade without barriers or restrict trade through these various tariff and non-tariff barriers.
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This document discusses international trade and the World Trade Organization (WTO). It defines international trade as the exchange of goods and services between countries. About 15% of the world's output is traded internationally each year. The WTO helps facilitate international trade by setting rules and resolving disputes between member nations. It also works to build trade capacity. Countries benefit from foreign trade by importing resources they lack and goods they produce inefficiently. The document outlines various trade barriers such as tariffs, quotas, and subsidies that countries impose and the reasons for them. It concludes by discussing the advantages and disadvantages of international trade.
A Study on Influence of Tariff Barrier on Indian Economy
This document is a project report submitted by a student to the University of Mumbai on the topic of the influence of tariff barriers on the Indian economy. It includes sections on the types of tariff and non-tariff barriers, their effects on agricultural imports and exports, and India's industrial performance with protection. The student declares that the work is their own and thanks various individuals for their support and guidance.
Tariff and Non Tariff Barriers in Trade (Types of Non-Tariff Barriers)
This document provides an overview of non-tariff barriers in Pakistan. It begins with defining tariff and non-tariff barriers, with tariffs being taxes on imports and non-tariff barriers restricting imports through means other than tariffs. The document then lists and describes common non-tariff barriers used in Pakistan, including import quotas, licenses, documentation requirements, product standards, and prohibitions. In closing, it compares tariff and non-tariff barriers, noting non-tariff barriers do not generate government revenue but can be more opaque than tariffs.
Tariff and Non Tariff Barriers in Trade (Types of Non-Tariff Barriers)
This document summarizes non-tariff barriers in Pakistan. It begins by defining tariff and non-tariff barriers to trade. Tariffs are taxes on imports while non-tariff barriers restrict imports through means other than tariffs, such as quotas, product standards, and domestic content requirements. The document then lists and describes common non-tariff barriers used in Pakistan, including import licenses, customs valuation, documentation requirements, and product labeling rules. It concludes by stating the purpose of tariff and non-tariff barriers is to restrict imports, though they differ in approach and whether they generate government revenue.
I mppt
Trade barriers are obstacles imposed by governments that hamper the free flow of trade between countries. They can be either tariff barriers like import duties, or non-tariff barriers like quotas or import licensing requirements. Governments use trade barriers to protect domestic industries, promote development, and maintain favorable trade balances. However, trade barriers can increase prices for consumers and distort international trade patterns. Non-tariff barriers in particular, such as complex rules of origin or sanitary standards, are increasingly used by some countries as a way to restrict imports without violating trade agreements. Addressing these hidden barriers is an ongoing challenge in global trade.
Tariff and Non-Tariff Barriers
Tariff barriers are import duties that create obstacles to international trade by limiting the flow of imported goods. Non-tariff barriers also restrict imports but through means other than tariffs, such as quotas, import licensing requirements, product standards, and government procurement policies. International commodity agreements aim to stabilize prices of primary commodities through quotas, buffer stocks maintained by international organizations, or bilateral contracts between major importers and exporters.
IE Presentation
Trade policy refers to the rules and regulations that govern a country's trade. The main instruments of trade policy are tariffs, subsidies, import quotas, voluntary export restraints, local content requirements, administrative policies, and antidumping duties. Tariffs are taxes on imports or exports, subsidies are government payments to domestic producers, and quotas directly limit the quantity of goods that can be imported. The goal of these policies is typically to protect domestic industries and increase government revenues, but they can also help domestic producers gain export markets.
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Tariffs and non tariffs barriers in international trade
- 1. Tariffs and Non-Tariffs Barriers in International Trade SUBMITTED TO: MS MONIKA SHARMA SUBMITTED BY: DEVYANI SRIVASTAVA BBA (6TH SEMESTER) 40115101717
- 2. TARIFF BARRIERS Tariff is a customs duty or a tax on products that move across borders. The most important of tariff barriers is the customs duty imposed by the importing country. A tax may also be imposed by the exporting country on its exports. However, governments rarely impose tariff on exports, because, countries want to sell as much as possible to other countries.
- 3. TARIFF BARRIERS Important tariff barriers are: Specific Duty Ad Valorem Duty Combined or Compound Duty Revenue Tariff Protective Tariff Sliding Scale Duty Anti-dumping Duty
- 4. NON-TARIFFS BARRIERS A non tariff barrier is any barrier other than a tariff, that raises an obstacle to free flow of goods in overseas markets. Non-tariff barriers, do not affect the price of the imported goods, but only the quantity of imports.
- 5. NON-TARIFFS BARRIERS Important non tariffs barriers are as follow: • Quota System • Product Standards • Domestic Content Requirement • Product Labelling • Packaging Requirements • State Trading • Foreign exchange regulations
- 6. DIFFERENCE TARIFF NON-TARIFF 1. Govt. receives revenue. 1. No revenue receipts but only protection of domestic industry. 2. Customers authority do valuation procedures and classification. 2. No such problem. 3. Since import duty levied monopolistic organization are curbed. 3. Monopolistic organizations command high prices through low output. 4. Subject to legislative enaclment under terms of GATT. 4. Flexible and discusses at officials level 5. Simple to operate administratively. 5. More officials involved and less simple. 6. Favours efficiency of firm. 6. Discriminates against new comers.
- 7. THANK YOU