Unit 7 Non Tariff Barriers and Fair Trade

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Unit 7 Non Tariff Barriers and Fair Trade Non Tariff barriers (tariff barrier) is a protectionist policy towards the production of goods in the country from the threat of a flood of similar goods imported from abroad. Tariff barriers to trade is a tax assessment on imported goods or merchandise which pass through customs (custom area). Meanwhile, the goods that enter the country duty levied. Non-tariff barriers (non-tariff barriers) are a variety of duties in addition to trade policies that can lead to distortion, thus reducing the potential benefits of international trade. Article X application is typically biggest question in formal WTO accession negotiations because the Agreements between the Government and any contracting party will be affecting international trade policy If WTO member countries have difficulties balance of payments, then that member states may apply restrictions on trade in services which give rise to commitments, including payments or transfers related to those commitment. Some of the requirements are: a. The weak economy of developing countries, so it can only support low standards of living. b. In the early stages of development c. Experiencing BOP difficulties as a result of the policy changing or the domestic market and trading terms.

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Non Tariff Barriers and Fair Trade

Transcript of Unit 7 Non Tariff Barriers and Fair Trade

Unit 7 Non Tariff Barriers and Fair Trade

Non Tariff barriers (tariff barrier) is a protectionist policy towards the production of goods in the country from the threat of a flood of similar goods imported from abroad. Tariff barriers to trade is a tax assessment on imported goods or merchandise which pass through customs (custom area). Meanwhile, the goods that enter the country duty levied.

Non-tariff barriers (non-tariff barriers) are a variety of duties in addition to trade policies that can lead to distortion, thus reducing the potential benefits of international trade.Article X application is typically biggest question in formal WTO accession negotiations because the Agreements between the Government and any contracting party will be affecting international trade policy

If WTO member countries have difficulties balance of payments, then that member states may apply restrictions on trade in services which give rise to commitments, including payments or transfers related to those commitment. Some of the requirements are:

a. The weak economy of developing countries, so it can only support low standards of living.

b. In the early stages of developmentc. Experiencing BOP difficulties as a result of the policy changing or the domestic market and trading terms.