Non - tariff barriers

NON – TARIFF BARRIERS

PRESENTED BY : ZIL SHAH

Contents

I. IntroductionII. Trade BarriersIII. Objectives of Trade BarriersIV. Trade PolicyV. Tariff BarriersVI. Types of Tariff BarriersVII. Types of Non-Tariff Barriers

Introduction

Non-Tariff barriers are trade barriers that restrict imports but are not in the usual form of a tariff.

Some common examples are anti-dumping measures and countervailing duties also called non-tariff barriers.

Non-Tariff barriers include macro-economic measures affecting trade.

Non-Tariff barriers comes under Trade Policy

Trade Barriers

It refers to the government policies and measures which obstruct the free flow of goods and services across national borders.

Objectives of Trade Barriers

Protect Domestic Industries Protect economy against dumping Promote Research & Development Conserve Foreign Exchange Resources Make Balance of Payments Counteract Trade Barriers Economy Self-Reliant Mobilise Revenue

Trade Policy

Trade Policy is also referred to as Commercial Policy.

It is a set of rules and regulations that are intended to change international trade flows to restrict imports.

The aim is to boos the nation’s international trade.

Trade Policy is classified into 2 types: Tariff Non-Tariff

Tariff Barriers

Tariff Barriers refers to the duties imposed on internationally traded products when they cross the national borders.

Tariff rates are still fairly high in the developed countries.

Types of Tariffs

Export Duties Import Duties Transit Duties Specific Duties Ad-Valorem Duties Compound Duties Countervailing Duties

Anti-dumping Duties Revenue Tariff Protective Tariff Single Column Tariff Double Column Tariff Triple Column Tariff

Types of Non-Tariff Barriers

Quota SystemImport LicensingConsular FormalitiesPreferential Treatment through trading blocs

Customs Regulations

State TradingForeign Exchange RegulationsHealthy & Safety RegulationsPrior Import DepositsMiscellaneous