Non - tariff Trade Barriers
3 important questions on Non - tariff Trade Barriers
License on demand allocation:
The administration of tariff – rate quotas that is used for the enforcement of quotas.
Two types of subsidies that can be granted:
· Domestic production subsidy:
Is granted to producers of import – competing goods.
· Export subsidy:
Granted to producers of goods that are to be sold overseas.
Is granted to producers of import – competing goods.
· Export subsidy:
Granted to producers of goods that are to be sold overseas.
Other non - tariff trade barriers:
· Government procurement policies:
Favor domestic suppliers and purchase goods from only them.
o Buy national policies:
A type of domestic content requirement.
· Social regulations:
Attempts to correct a variety of undesirable side effects in an economy that relate to health, safety, and the environment.
· Sea transport and freight regulations:
An agreement between Japan and the U.S. with free port services.
Favor domestic suppliers and purchase goods from only them.
o Buy national policies:
A type of domestic content requirement.
· Social regulations:
Attempts to correct a variety of undesirable side effects in an economy that relate to health, safety, and the environment.
· Sea transport and freight regulations:
An agreement between Japan and the U.S. with free port services.
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