26-07-2012, 12:19 PM
Tariff And Non-Tariffs Barrier & Regional Economic Integration
Tariff And Non-Tariffs Barrier.pptx (Size: 170.98 KB / Downloads: 22)
Tariffs
Tariffs are usually associated with protectionism, a government's policy of controlling trade between nations to support the interests of its own citizens
Necessity OF tariffs
To protect newly established domestic industries from foreign competition.
To protect Old and inefficient domestic industries from foreign competition.
To protect domestic producers from "dumping" by foreign companies or governments.
To raise revenue.
Equal distribution of the wealth
Non Tariff barrier
Intellectual Property Rights
Embargo
Voluntary Export Restraints
Anti-dumping duties
Countervailing duties
Quotas
Standards
State Trading